Vedanta reshuffles top management, Abhijit Pati to become Balco's CEO
Vedanta Group has announced a reshuffle at the CEO level of its three major companies Balco, Vedanta Aluminium Orissa and Talwandi Sabo Power Limited (TSPL), according to a report in Dainik Bhaskar. Vedanta Group CEO Srinivasan Venkatakrishnan and CEO (Aluminium and Power) Ajay Kapoor have made the announcement on Thursday, July 25.
Abhijit Pati will replace Vikas Sharma as the new CEO of Balco. Vikas Sharma will take over as CEO of TSPL Punjab. CN Singh, the current CEO of TSPL, has been made interim CEO of Vedanta Aluminium Jharsuguda Orissa.
Vikas Sharma is expected to lead 1980 MW Super Critical Power Plant in TSPL. The plant has 3 units of 660 MW. Under his leadership, the cost was reduced and cash flows improved in Balco operations.
Abhijit Pati has 30 years of experience in aluminium industry. In 2008, he joined Vedanta and subsequently became Chief Executive Officer of Aluminium Division, Vedanta Aluminium – Jharsuguda, one of the largest Greenfield Aluminium cum Power complexes in the world.
source: Alcircle
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
