Vedanta 2.0: Pioneering a New Era in Transition Metals and Energy
Vedanta Ltd, under chairman Anil Agarwal's vision 'Vedanta 2.0', is pivoting towards a leadership position in transition metals, critical minerals, and technology, fueled by strategic realignment, record financials, and ongoing demerger. Strong performance in FY 2024-25 and a robust transformation plan signify its expanded role in India's energy transition.
- Country:
- India
Mining giant Vedanta Ltd, led by chairman Anil Agarwal, has unveiled a strategic vision to solidify its position as a leader in transition metals, critical minerals, and technology. Dubbed 'Vedanta 2.0', the transformation is set against a backdrop of record-breaking financial performance and ongoing corporate restructuring.
Agarwal, addressing stakeholders in the annual report, emphasized Vedanta's strong financial showing in FY 2024-25, with revenues of Rs 1,50,725 crore and a 19% rise in EBITDA. The company is leveraging its industry-leading margins and cost-efficient operations to drive this next phase of growth.
The transformation includes significant investment in capex projects to boost production capabilities and job creation. Vedanta's commitment to deleveraging and strategic realignment reflects its ambition to support India's energy transition, while ongoing demerger efforts aim to unlock significant shareholder value in coming years.
(With inputs from agencies.)
ALSO READ
Kinetic Green Energy and Power appoints Vasudevan as President of electric two-wheeler biz
UK's Record-Breaking Offshore Wind Auction Vital for 2030 Clean Energy Goals
The Future of Renewable Energy Hangs in the Balance Amid Budget Talks
Breaking New Ground in Innovation, Setting Sail from Hong Kong -- A Preview of the International Science, Technology and Innovation Forum of Boao Forum for Asia 2025 Hong Kong Conference
Macwin Solar Energy Launches “One Follow, One Tree” Campaign to Celebrate World Environment Day
Google News