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CORPORATE OVERVIEW
Vedanta Aluminium Ltd (VAL) is an Associate Company of the globally diversified, London Stock Exchange listed, FTSE 100 metals and mining group Vedanta Resources PLC. Originally incorporated in 2001, VAL is a leading producer of metallurgical grade alumina and other aluminium products, which cater to a wide spectrum of industries.

VAL has carved out a niche for itself in the aluminium industry with its superior product quality based on state-of-the-art technology. The firm operates a 1 mtpa greenfield alumina refinery and an associated 75 MW captive power plant at Lanjigarh in the state of Orissa. Plans are afoot to increase the capacity of the Lanjigarh refinery significantly to 5 mtpa by mid 2011. This is in line with VAL’s strategy to promote Lanjigarh as a self sustained manufacturing unit in terms of cost advantage and resource availability.

VAL has invested in a 0.5 mtpa aluminum smelter and 1215 MW captive power plant supported by highly modern infrastructure at Jharsuguda, Orissa. In addition to this, layout approval for construction of 1.1 mtpa aluminium smelter expansion project at Jharsuguda has been received. Jharsuguda is also the site of the 2400 MW independent power plant being set up by group company Sterlite Energy Ltd to meet the growing demand for power from both urban and rural consumers. The firm intends to expand the fully integrated aluminium smelting capacity to around 2.6 mtpa in near future.

The idea of sustainable development is deeply ensconced in VAL’s business ethos. VAL is committed to the socio-economic transformation of local communities residing around the plant sites and undertakes several initiatives to promote sustainable development. The firm has focused on developing modern health amenities, educational facilities for children and skill development programmes for adults. Several other programmes have been undertaken to enhance health and sanitation, promote livelihood generation and improve infrastructure in the villages surrounding Jharsuguda and Lanjigarh. The firm believes that its development initiatives will encourage a dedicated team of self motivated individuals to participate and drive the company’s growth in the future.
 
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