Several global consulting firms have shown interest in implementing Vedanta Ltd’s USD 20-billion expansion projects spanning multiple segments, and the metal major will finalise the company in the current quarter, an official said. Vedanta plans to significantly expand its operations over the next three years, as it restructures into four entities — Vedanta Aluminium, oil and gas, power, and iron and steel.

Speaking with PTI, Vedanta Ltd Executive Director Arun Misra, said that “So, we have raised a global EOI and we have got multiple interests. We are finalising partners over a couple of weeks time….imagine a post-demerger, we have multiple businesses all listed and in that case, we at the group work as a private equity so that the EOI has witnessed multiple interests.”

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