Vedanta Limited was initially incorporated on June 26, 1965 as 'Sesa Goa Limited'. The name of the Company was changed from Sesa Goa Limited to Sesa Sterlite Limited on 20 September, 2013 and further was changed to Vedanta Limited on 22 April, 2015.
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is a leading global natural resources conglomerate operating across India, Namibia, South Africa, Liberia, Korea, Japan, Taiwan and UAE. It is headquartered in Mumbai, India. Vedanta has a diversified portfolio and produces commodities vital for global decarbonisation and materials intensive energy transition. The Company produces Aluminium, Copper, Zinc, Lead, Silver, Iron Ore, Oil & Gas, Steel, Ferro Chrome , Nickel, Cement and Commercial Energy.
Vedanta has iron ore mining operations in Goa and Karnataka in India. While iron ore from its Goa mines is shipped through the Mormugoa port, the ore from Karnataka mines is exported through the ports of Goa, Mangalore and Krishnapatnam. The company is also into metallurgical coke and pig iron. The pig iron business focuses on the domestic Indian market, especially to foundries and steel mills in western and southern India. They also export to the Middle-East and South East Asia.
In the year 1979, a single company, Sesa Goa Pvt Ltd was formed with amalgamation of Sesa Goa and Mingoa full owned by Finsider SpA. In the year 1981, the company went public. In the year 1984, they started a barge construction unit at Sirsaim.
In the year 1992, first phase of 150,000 tons per year pig iron plant was commissioned. Also, they started manufacture of low phosphorous foundry grade pig iron. In the year 1993, ILA international raised their equity in the company to 51%. In July 1994, they commissioned their second blast furnace.
In January 1995, the company launched Sesa Shipping with the acquisition of Transhipper MV Oirssa. In April 1995, they commissioned 84 coke ovens. In the year 1997, Sesa Kembla became 100%