BHUBANESWAR, India Dec 1 (Reuters) - Mining conglomerateVedanta plans to invest 150 to 200 billion rupees ($2.93billion) over three years to expand its alumina and aluminiumproducing capacity, said Anil Agarwal, chairman of VedantaResources Plc.
The company plans to expand the capacity of its Lanjigarhalumina refinery to 5 million tonnes from the current 2 milliontonnes and double the capacity of its Jharsuguda aluminiumsmelter to 2 million tonnes.
Both the plants are located in the eastern state of Odisha.
Vedanta has been trying to expand the capacity of itsrefinery for almost 8 years now but a paucity of availability ofbauxite, the raw material which is refined to make alumina, hasproved a hurdle.
($1 = 68.3605 Indian rupees) (Reporting by Devidutta Tripathy)
