Vedanta seeks global partner to implement USD 20 billion expansion

Vedanta Ltd is seeking a global partner for its ambitious USD 20 billion expansion across metals, mining, and hydrocarbons. This move supports Vedanta's strategic restructuring into four independent entities: Aluminium, Oil and Gas, Power, and Iron and Steel. The company anticipates completing its demerger by June-July, aiming to simplify its structure and attract direct investment in its focused business verticals.