Page 3 - Vedanta Ltd

Dividend payout of Rs 6,580 crore announced by Vedanta

However, company's total debt stood at Rs 64,966 crore in Q3

Vedanta's power sales up 16% on commissioning of new units

The commissioning of additional power units at its constituents- Talwandi Sabo Power Ltd (TSPL) in Punjab and Balco (Chhattisgarh) helped Vedanta Ltd to post 16 per cent growth in its power sales in the December quarter.In Q3, Vedanta sold 3413 million units (MU) compared to 2934 MU in the comparable period of last fiscal.Power sales from TSPL increased with all three units being operational. In Q3 of FY 17, the three units operated at an availability of 77 per cent. The power purchase agreement with the Punjab State Power Corporation Ltd (PSPCL) compensated Vedanta based on the availability of the plant.The Jharsuguda 600Mw power plant operated at a plant load factor (PLF) of 72 per cent in Q3 of FY 17 compared to a PLF of 66 per cent in Q3.The 600 Mw units (2x300Mw) of BALCO IPP operated at a PLF of 55 per cent in Q3 of FY 17 due to a weaker power market. PLF at the Malco power plant was at 15 per cent, lower due to lower off-take by the Telangana State Electricity Board (TSEB). ...

Vedanta revokes suspension order at Bicholim iron ore mine

The operations at the mine were suspended on October 13, citing concerns over the safety and security of employees

Vedanta PAT up 17%; crude, copper pull down revenue

Firm says strong operating performance, higher commodity prices helped it improve EBITDA, at Rs 4,640 cr, by 31%

Vedanta mulling steel foray, says it's exploring opportunities in India

We are trying to envision the time when urbanisation picks up in India, says Tom Albanese, CEO, Vedanta

Vedanta rolls out billets to checkmate imports

Becomes the first primary aluminium producer in the country to roll out a special category of billets