The company is seeking to collaborate with global rig partners for deploying the latest high-quality rigs at 10 onshore drilling and 2 shallow offshore drilling locations for a period of 2–3 years.
The proposed investment includes a refinery, an aluminium park in Dhenkanal district and a ferro-alloys plant in Keonjhar district.
Punnam manganese block, covering an area of 152 hectares, is currently at the G4 level of exploration, indicating early-stage geological investigation.
The company qualified in the initial bid stage and emerged as the top bidder in the final round of the competitive e-auction process.
Vedanta has secured critical mineral blocks across the country, including rare earth elements, vanadium, graphite, and tungsten, as per the latest press release.
Vedanta Limited has granted Employee Stock Options Scheme worth ₹450 crore for fiscal year 2025. This ESOS allows employees to purchase company shares at a discounted rate.
The company has invested nearly ₹12,000 crore in 250 KTPA integrated smelter in Rajasthan and ₹3,823 crore in a 10 mt tailings reprocessing project at Rampura Agucha
According to estimates based on Ministry of Power data, the emission savings are equivalent to the annual electricity consumption of over four lakh Indian households.
This initiative, in collaboration with Assam Gas Company Limited, helps estates reduce carbon emissions and fuel costs. Tea producers are now investing in climate-resilient practices, ensuring the long-term sustainability of Assam's tea legacy.
Vedanta, led by Anil Agarwal, is actively exploring critical mineral assets across several Indian states, including Maharashtra and Rajasthan, to support the growing demand for energy-efficient technologies. The company secured four blocks in the critical mineral blocks auction, focusing on minerals like vanadium, graphite, cobalt, and tungsten.
Cairn Oil & Gas, a part of the Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into an agreement with Parker Wellbore, recently acquired by Nabors Industries, to expand operations in India using a high-performance 2000HP drilling rig.
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