Vedanta to invest up to $2.9 billion over three years in key India plants -02 Dec,2016 :->Vedanta Resources Plc plans to invest as much as 200 billion rupees ($2.9 billion) over three years to expand its alumina and aluminium producing capacity in Odisha, its chairman Anil Agarwal said.
Niyamgiri in Western Orissa is currently the site for a number of controversial projects controlled by Vedanta Resources Plc (UK). The Dongria Khond tribe, who inhabit the region, revere the hill as a god and oppose plans to convert it into an open-pit bauxite mine.
#Anil Agarwal- India’s biggest donor and the #Indianmetalsmagnate ‘It is important to give back what we earn for the greater good of society’ these are the words by Anil Agarwal (24th January 1954) the founder of the Vedanta Resources Plc.
The Dongria Kondh of India’s Niyamgiri Hills have fought a heroic battle against mining giant Vedanta Resources to save their sacred mountain. The Supreme Court has told Vedanta that the Dongria must decide whether to allow mining or not. Will the Dongria be allowed to make their decision in peace, and will the government, and Vedanta, respect that decision?