Mining massive Vedanta on Tuesday said it has appointed Ajay Kapur as the lead executive officer of its aluminum and energy enterprise. Kapur joins Vedanta from Ambuja Cements, wherein he became the handling director and CEO for its India commercial enterprise.
“Ajay will offer leadership for unlocking the full ability of our aluminum and strength enterprise which is a USD 10 billion property with a revenue of USD 6 billion.
“His considerable enjoy inside the infrastructure quarter will truly work toward driving boom of India’s largest aluminum capability,” Vedanta Resources Executive Chairman Anil Agarwal became quoted as pronouncing in an assertion.
Kapur brings with him revel in of 31 years across commercial enterprise verticals.
He will power key priorities for the aluminum business which encompass a sturdy awareness on extent and price and improving efficiencies, among others.
Vedanta produces 2.3 million tonnes of aluminum in keeping with annum, generates eight GW of strength and operates a million tonnes consistent with annum alumina refinery.
“Vedanta is a progressive company with a wide presence throughout herbal sources, robust asset footprint, monetary energy, and chiefly sturdy values. I am excited to enroll in Vedanta as CEO for aluminum and energy…,” Kapur stated.
Vedanta, a subsidiary of Vedanta Resources, is one of the globe’s leading diverse natural useful resource organizations with enterprise operations in India, South Africa, Namibia, and Australia.
The organization is the main manufacturer of oil and gas, zinc, lead, silver, copper, iron ore, aluminum, metallic, and commercial power.
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