{"id":423679,"date":"2021-07-02T08:45:33","date_gmt":"2021-07-02T03:15:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=423679"},"modified":"2021-07-02T09:32:18","modified_gmt":"2021-07-02T04:02:18","slug":"anil-agarwal-led-vedanta-limited-plans-5-billion-capex-for-3-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/anil-agarwal-led-vedanta-limited-plans-5-billion-capex-for-3-years\/","title":{"rendered":"Anil Agarwal-led Vedanta Limited plans $5-billion capex for 3 years"},"content":{"rendered":"<p>Anil Agarwal-led Vedanta Limited has planned a capex of $5 billion (around Rs 37,500 crore) over a period of three years.<\/p>\n<p>A major chunk of this capex would go into oil and gas business. \u201cAbout $2 billion has been earmarked for oil and gas business and the balance for aluminium, copper, steel and zinc where about $500 million each (at least) would be used as capex,\u201d Agarwal, founder and chairman of Vedanta Resources Limited, said on Thursday at a virtual press conference.<\/p>\n<p>Vedanta\u2019s capex for three years to FY20 stood at Rs 20,000 crore, according to the company\u2019s annual report for the year. In FY21, it spent Rs 7,286 crore, which is a 14 per cent increase over the previous year\u2019s Rs 6,385-crore capex.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anil Agarwal-led Vedanta Limited has planned a capex of $5 billion (around Rs 37,500 crore) over a period of three years. A major chunk of this capex would go into oil and gas business. \u201cAbout $2 billion has been earmarked for oil and gas business and the balance for aluminium, copper, steel and zinc where about $500 million each (at least) would be used as capex,\u201d Agarwal, founder and chairman of Vedanta Resources Limited, said on Thursday at a virtual press conference. Vedanta\u2019s capex for three years to FY20 stood at Rs 20,000 crore, according to the company\u2019s annual report [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-423679","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=423679"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/423679\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=423679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=423679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=423679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}