India, December 31, 2024: Bharat Petroleum Corporation Ltd (BPCL), one of India’s leading state-owned oil refiners, is increasingly sourcing crude oil from the Middle East as supplies of cheaper Russian oil, which the company has relied on in recent years, begin to decline. According to Vetsa Ramakrishna Gupta, BPCL’s Chief Financial Officer, the company is missing two to three shipments of Russian oil each month. To bridge this shortfall, BPCL has turned to suppliers in countries such as Oman. Currently, Russian crude accounts for approximately 35–37% of the feedstock processed at BPCL’s three refineries, which together have a combined capacity…
Author: Industry Odisha
New Delhi, India, December 14, 2025: Sterlite Power Transmission Ltd. (SPTL), a leading player in the power transmission sector, has successfully secured funding of ₹725 crore, backed by GEF Capital Partners and Enam Holding. This substantial infusion of capital is expected to significantly strengthen the company’s manufacturing capabilities, particularly in the production of power conductors, Optical Ground Wire (OPGW), and power cables. A major highlight of the investment plan is the establishment of a state-of-the-art plant in Baroda, aimed at expanding Sterlite Power’s capacity to meet the surging global demand for high-quality transmission products. Investment Details and Stakeholder Contributions The…
Bhubaneswar, Odisha 14/12/2024: In a shift towards mobile-first solutions, Vedanta Aluminium aims to incorporate additional app-based features into its Metal Bazaar platform, allowing buyers to carry out most transactions directly from their smartphones. Chief Marketing Officer Alok Ranjan also announced that the platform will introduce price risk management tools to enhance the user experience. Having already initiated hedging on its platform, Vedanta Aluminium is ahead of the curve in the electronic space. As the company looks to the future, it plans to expand its services into a 360-degree solution that integrates financing and logistics, adding even more value for its…
Sijimali (Rayagada, Odisha), December 13, 2024: Vedanta Aluminium has reaffirmed its commitment to quality education by providing school kits to more than 4,000 students across 50+ schools in the districts of Rayagada, Kalahandi, and Jharsuguda. The initiative, covering villages around the Kuraloi and Sijimali mining areas, is aimed at empowering children from remote communities with the resources they need to pursue their studies confidently. The comprehensive school kits include a school bag, water bottle, notebooks, a geometry box, and other stationery items. For many families in these rural regions, securing even basic educational materials poses a challenge. By addressing this…
Sijimali (Rayagada, Odisha), December 13, 2024: Vedanta Aluminium reaffirmed its commitment to education by distributing school kits to over 4,000 students across 50+ schools near its Kuraloi and Sijimali mines in the tribal-rich regions of Rayagada, Kalahandi, and Jharsuguda districts. Vedanta Aluminium’s initiative to distribute study kits to rural students is making a positive impact on their educational journey by providing essential supplies like notebooks, geometry boxes, and school bags. Janmejaya Sabar, Headmaster of Kathaghara High School, commented, “I truly commend Vedanta Aluminium for providing study kits to our students. Lack of resources often hinders their education, and these kits…