Vedanta Group of Companies List | Owner

Here you can see the List of Vedanta Group of Companies. Vedanta Group is a globally diversified natural resources company with interests in

List of Vedanta Group Companies

So here is the list of Vedanta Group Companies

1. Vedanta Limited

Vedanta Limited is India’s largest and world’s second largest zinc-lead miner. With more than 50 years of operational experience. Fully integrated zinc operations currently hold 78% market share in India’s primary zinc industry. We are among the Top 10 silver producers globally with an annual capacity of 21 moz (600 tonnes).

Vedanta Limited’s Oil & Gas operations comprise the assets of Cairn contributing over 26% of India’s annual production, as India’s largest private sector crude oil producer. Cairn Oil & Gas, a vertical of Vedanta Limited, contributed ~25 per cent to India’s domestic crude oil production in FY 2017-18.

Vedanta Ltd owns 64.9% stake in Hindustan Zinc Limited (HZL), while the Government of India retains a 29.54% stake; HZL is listed on the NSE and BSE in India.

2. Hindustan Zinc

Hindustan Zinc’s operations comprise five lead-zinc mines, one rock phospate mine, four hydrometallurgical zinc smelters, two lead smelters, one pyro metallurgical lead-zinc smelter as well as sulphuric acid and captive power plants in northwest India.

It has facilities located in Rampura Agucha, Chanderiya, Dariba, Kayad and Zawar in the state of Rajasthan, along with zinc-lead processing and refining facilities and a silver refinery at Pantnagar in the state of Uttarakhand.

HZL has built a sustainable underground mining business capable of delivering superior business performance. The financial year 2018 marked the completion of operations at Rampura Agucha open cast. We are proud of the seamless and one of the most successful transitions globally from a predominantly open cast operation to a fully underground mining company.

HZL’s mining projects are progressing in line with the expectation of reaching 1.2 million tonnes per annum of mined metal capacity in FY2020.

Further, it has undertaken Phase I of next phase of expansion which will take mined metal capacity from 1.2 million tonnes to 1.35 million tonnes per annum with matching smelting capacity over next three years. Phase I will be done concurrently with the ongoing mining expansion, which is now in its final stages and will take total annual ore production capacity from 17.7 million MT in FY 2020 to 20.4 million MT.

Further, it has undertaken Phase I of next phase of expansion which will take mined metal capacity from 1.2 million tonnes to 1.35 million tonnes per annum with matching smelting capacity over next three years. Phase I will be done concurrently with the ongoing mining expansion, which is now in its final stages and will take total annual ore production capacity from 17.7 million MT in FY 2020 to 20.4 million MT.

3. Vedanta Zinc International

Vedanta Zinc International (VZI) is a grouping of zinc assets located in South Africa and Namibia, owned by the 6th largest Diversified Resources Company in the world, Vedanta Limited.

Vedanta Limited recently invested ZAR 5 billion into VZI’s flagship, Gamsberg open pit and concentrator project in the Northern Cape province, which is now fully operational and was inaugurated in February 2019 by President Cyril Ramaphosa. Gamsberg is part of the Black Mountain Complex cluster which also includes two underground operations Deeps and Swartberg.

  • VZI employs ~2700 people directly and indirectly of which
  • ~99% are local South Africans,
  • ~80% are from the Northern Cape and
  • ~60% from the Namakwa District, where operations are located, making it one of the largest employers in the Northern Cape.

VZI’s vision is to create an integrated world-class regional zinc complex comprising Black Mountain Mining (including Gamsberg) and the Skorpion Zinc mining and refining operations. Our values of Safety, Trust, Entrepreneurship, Innovation, Excellence, Integrity, Respect and Care form the core of our business.

In 2015, 12 new local businesses were created and commercial opportunities to the value of R7.1 million were provided. Childcare and education support programmes benefit more than 1,800 children at a cost of R6 million per annum.

4. Cairn Oil & Gas

Cairn Oil & Gas is the largest private sector producer of crude oil in India, currently producing from assets in Rajasthan, Andhra Pradesh and Gujarat. The Mangala field in Rajasthan, discovered in January 2004, was the largest onshore oil discovery in India in two decades.

Mangala, Bhagyam and Aishwariya fields, the three major discoveries in the Rajasthan block, cumulatively have hydrocarbons reserves of approximately 2.2 billion barrels of oil equivalent.

Cairn is an exploration and production leader, and its exploration strategy is based on a portfolio of high reward prospects across the risk spectrum. It believes in investing in advanced geological and geophysical technologies to enhance the probability of exploration success, and monetise its hydrocarbon resources.

On April 11, 2017, Cairn India Limited merged with Vedanta Limited, unanimously recommended by the independent directors at both Vedanta Limited and Cairn India. The merger marked a significant step towards achieving Vedanta’s vision of a simplified group structure, which would help create long-term sustainable value.

The merger helped consolidate the Group portfolio of tier-I assets across the natural resources sector, which combined with strong management, is delivering superior returns for all shareholders. The combined entity is uniquely positioned to help unlock India’s wealth of world-class energy and mineral resources.

5. Bharat Aluminium Company Ltd

BALCO was incorporated in year 1965 as the first Public Sector Undertaking (PSU) in India and since then it has been closely associated with the Indian Industrial Growth, in a pivotal role.

In 2001 Govt. of India disinvested 51% shares of Bharat Aluminium Company Limited (BALCO) to Sterlite Industries Limited a subsidiary of Vedanta Limited.

Vedanta Group is the largest aluminium producer in India with a capacity of 2.3 mtpa and a 40% market share in India’s aluminium industry. The Group strategically located large scale assets with integrated power from captive power plants in Indian states of Chhattisgarh and Odisha.

6. Talwandi Sabo Power Limited (TSPL)

Talwandi Sabo Power Limited (TSPL) was incorporated as an SPV by Punjab State Electricity Board (PSEB) with the purpose of constructing a 1980 (3×660) MW thermal power plant at Village Banawala, Mansa-Talwandi Sabo Road, District Mansa, Punjab, India.

Sterlite Energy Limited (a Vedanta group company) was selected as the developer of the project based on the Tariff Based Competitive Bidding Process (Case-2) on BOO basis for supply of 100% power to Punjab State Electricity Board (PSEB) for 25 years as per the guidelines of Government of India.

Power Purchase Agreement and other related agreements were signed between TSPL and PSEB on September 1, 2008, and the ownership of Talwandi Sabo Power Limited was transferred to Sterlite Energy Limited (Now Vedanta Limited) on that date.

TSPL is one of the first few Supercritical plants being constructed in the country. The Supercritical technologies are environment friendly and energy efficient technologies

7. Vedanta Resources plc (“Vedanta”)

Vedanta Resources plc (“Vedanta”) is a London Stock Exchange listed FTSE 100 diversified metals and mining major with revenues in excess of USD 12.9 billion.

The group produces Aluminium, Copper, Zinc, Lead, Iron ore and commercial energy. Vedanta has operations in India, Zambia and Australia and a strong organic growth pipeline of projects.

With an empowered talent pool of over 87,000 people, comprising over 25,000 direct employees and 59,500 contractors globally, Vedanta places strong emphasis on partnering with all its stakeholders based on core values of entrepreneurship, excellence, trust, inclusiveness and growth.

Vedanta Group is one of the Major players in Power Sector in the country with operating and under projects (CPP and IPP), thermal power capacity of about 10,000 MW. Sterlite Energy limited (Now Vedanta Limited), the Power & Energy vertical of the group, is constructing a 2400(4×600) MW thermal power plant at Jharsuguda in Orissa, with first unit already in operation.

8. Sesa Goa Iron Ore

Sesa Goa Iron Ore is India’s largest producer and exporter of iron ore in the private sector with operations in the states of Goa and Karnataka in India and a project site in Liberia, West Africa. Founded in 1954, it has about six decades of expertise in the exploration, mining and processing of iron ore.

Sesa Goa Iron Ore also produces pig iron and metallurgical coke and provides proprietary environment-friendly met coke making technology along with power. The Pig Iron Division, Power Plant, Met coke and Power Division are all part of its Value Addition Business (VAB).

With a commitment to create a world-class enterprise through high quality assets and competitive costs of production, the company is pursuing a consistent strategy of business excellence creating value for its shareholders, customers, employees and importantly, the communities in which it operates.

9. ESL Steel Limited

Vedanta forayed into the steel business through acquisition of 90% stake in ESL Steel Limited (ESL).

In June 2018, Vedanta Limited acquired the management control of ESL through the Corporate Insolvency Resolution Process initiated for addressing resolution of non-performing assets of the Indian banking system.

ESL, an Integrated Steel Producer, was incorporated in 2006 as a Public Limited Company with operations in Bokaro, Jharkhand, India. The company has set up a green field integrated manufacturing facility, which is currently commissioned at a capacity of 1.5 MT per annum.

The facility primarily consists of Sinter Plants, Coke Oven, Blast Furnaces, Oxygen Plant, Basic Oxygen Furnaces, Billet Caster, Wire Rod Mill, Bar Mill, Ductile Iron Pipes Plant and a Power Plant. The Company’s product range includes Pig Iron, Billets, TMT Bars, Wire Rods and Ductile Iron Pipes.

The Company has recently introduced its rebranded product range in the market under three new brands, V-DUCPIPE for Ductile Iron Pipes, V-XEGA for TMT Bars and V-WIRRO for Wire Rods.

ESL has established excellence in every stage of production by bringing international expertise and solutions from reputed manufacturers. The Company registered its business turnaround in less than a year since its acquisition, becoming a profitable business in 2019.

Vedanta aims to scale up its steel operations in Bokaro through brownfield expansion and be amongst the top steel producers in the country. It looks forward to expanding horizons and pushing boundaries, both in its existing and future endeavors, and to providing continuous growth, profit and prosperity to all its stakeholders.

10. Sterlite Copper

Sterlite Copper represents a key aspect of Vedanta Limited’s Copper Business. Since its inception in 1996, Sterlite Copper has steadily grown to become one of the leading contributors to copper production in India, contributing upto 40% of India’s demand for refined copper.

Currently, it operates a 400,000 Metric Tonnes Per Annum (MTPA) Copper Smelter with associated facilities such as a Refinery and Copper Rod Plant, a Sulphuric Acid plant of more than 12,00,000 MTPA and a Phosphoric Acid plant of 220,000 MTPA at Thoothukudi, Tamil Nadu. Sterlite Copper also operates a 160 MW coal based power plant in Thoothukudi, Tamil Nadu.

1 thought on “Vedanta Group of Companies List | Owner”

Leave a Comment