Capex worth USD 1.7 billion chalked out by Vedanta
Multinational mining company Vedanta has chalked out a capital expenditure (CAPEX) plan of USD 1.7 billion for this financial year. This is an increase from USD 1.5 billion from last year.
The expenditure would be focused on aluminium, power, zinc, and oil & gas businesses. Vedanta anticipates a 20% increase in EBITDA through higher volumes and reduced production costs.
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