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BHARAT ALUMINIUM CO
Runaya is out to curb India’s import dependency in metal sectorMumbai-based Runaya Group is pioneering sustainable metal recovery in many segments. Naivedya Agarwal, Co-founder & CEO, asserts that the g...- GoI, Vedanta likely to discuss Balco IPOThe government wants Vedanta to list Balco (formerly Bharat Aluminium Co) so that it can offload a part of its stake through the initial pu...
- First indigenously manufactured aluminium freight train rake inducted in RailwaysFlagged off by Railway Minister Ashwini Vaishnaw, the rake is 180 tonnes lighter than existing steel rakes, resulting in increased speed an...
- Vedanta Aluminium to source 380 MW green power for smeltersOnce online, this project has the potential to reduce the company's greenhouse gas emissions by 15,00,000 tonnes of CO2 equivalent annually...
- Vedanta Aluminium procures 2 billion units of renewable energy from power exchanges in 2021The company said it reduced greenhouse gas emissions intensity at the smelter by more than 1540 KtCO2e (kilo tonnes of CO2 equivalent) in t...
- About 2 billion units of RE procured through power exchanges for aluminium smelter: VedantaVedanta's subsidiary Bharat Aluminium Company (Balco) has led the renewable energy trading session, procuring 59 per cent of the traded RE ...
- India metals tycoon Anil Agarwal seeks $5 billion for turnaround fundAgarwal is targeting $1 billion or more in an initial round of fundraising for the proposed India Direct Investment fund, according to peop...
- Mecon recommends 15 per cent minimum import price on aluminium importsMecon was hired by the domestic industry soon after the commerce ministry rejected imposing MIP on aluminium citing it was not in accordanc...
- Vedanta targets 1.5 million tonnes of aluminium production this fiscalThe issue of high power cost from its own plant due to cross-subsidy had forced the company to keep two lines, or almost 1.25 mtpa capacity...
- Government can get $3.7 billion for its stake in HZL, Balco: Anil AgarwalIt now wants to buy the residual 49 per cent stake in Bharat Aluminium Co (Balco) and 29.54 per cent in Hindustan Zinc Ltd (HZL).
- Vedanta-owned Balco shuts rolling mill at Korba over slump in metal pricesVedanta-owned Bharat Aluminium Co, one of India’s top private sector aluminium producers, has shut its rolling mill at Korba in Chhattisgar...
- Delhi High Court to hear government argument in Jindal coal bids case on May 25The government had rejected Jindal’s bids for the Gare Palma IV/2&3 and Tara blocks and Balco's bid for the Gare IV/1 mine.
- Coal: Government holds back four blocks bagged at low pricesGovernment has put on hold awarding of four operational coal blocks bagged at low prices by Jindal Steel & Power, Bharat Aluminium Co and B...
- Government puts award of four coal blocks on holdThe government has issued letters of award to the successful bidders of the remaining 15 blocks auctioned in the first round.
- Coal auction: 134 bids found technically qualifiedHindalco, Adani Power and Reliance Geothermal Power are among companies, which cleared initial stages of coal auction for 21 blocks put up ...
- Mines Ministry attitude may defer Hindustan Zinc, Balco stake salesThe government’s plan to sell minority stakes in HZL and Balco may be pushed to next fiscal year if mines ministry continues to dither here.
- Local courts have no say in arbitration proceedings overseas: Supreme CourtSC has ruled that domestic courts have no jurisdiction to pass interim orders in disputes when there’s an arbitration proceeding going on i...
- SAIL not to issue fresh equity but govt will sell 5% stake in the firmThe 5 per cent stake sale in Steel Authority of India (SAIL) is likely to fetch the government over Rs 2,000 crore at current market prices.
- Vedanta defends human rights record after protestsVedanta Resources Plc defended its human rights record on Wednesday at a shareholders' meeting where some fund managers joined pressure gro...
- Govt to go ahead with residual stake sale in PSUsThe government will go ahead with plans to sell its residual stakes in five firms in which it has already transferred management control, D...
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