Vedanta Aluminium Metal Ltd (VAML), which recently debuted on the BSE and NSE, announced on Monday its intention to double its production capacity to 60 lakh tonnes per annum (LTPA) to address the increasing demand from the infrastructure, automotive, and electrification sectors.
This listing represents a significant milestone in the company’s development, establishing a focused, pure-play aluminium business that offers enhanced strategic flexibility and improved long-term growth prospects.
“With its vision to double the existing production capacity to 60 lakh tonnes per annum, deep backward integration and structural cost advantages, it is set to achieve among the lowest costs of production globally while upholding the highest standards of quality, serving demand across key global markets and benefiting from long-term tailwinds in infra, automotive, electrification, aerospace and advanced manufacturing,” the statement said.
The current production capacity of the company stands at 30 LPTA.
Vedanta Aluminium operates one of the world’s largest alumina refineries located at Lanjigarh and one of the largest aluminium smelters at Jharsuguda in Odisha, along with the renowned Bharat Aluminium Company Limited (BALCO) at Korba in Chhattisgarh. Additionally, it possesses captive bauxite and coal resources and nearly 4.5 GW of captive power generation capacity, supported by an expanding downstream manufacturing ecosystem.
Currently, Vedanta Aluminium accounts for 50 percent of the country’s aluminium production and has established a diverse customer base across more than 60 countries globally.
