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Vedanta appoints CEO - Power

13 May 2015 08:51

RNS Number : 0324N
Vedanta Resources PLC
13 May 2015
 

For Immediate Release

Vedanta appoints Ajay Dixit as Chief Executive Officer, Power

 

Delhi, India, May 13, 2015: Vedanta, the global, diversified natural resource company has appointed Mr. Ajay Dixit as Chief Executive Officer, Power, effective May 11, 2015. In his role, Mr. Dixit will consolidate the power operations of the group and build the new power vertical. He will be responsible to grow the business through synergies and drive operational excellence of the 9097 MW power business.

 

"Mr. Ajay Dixit joins as an asset to the Vedanta team, with proven accomplishments in the Energy sector. We are elated to have Ajay on board as his extensive experience will take Vedanta to new heights, create long term value for our shareholders and deliver sustainable growth," said Mr. Tom Albanese, welcoming Mr. Dixit to the Vedanta team.

 

Mr. Dixit is an Electrical engineer from Delhi College of Engineering. He joined Siemens as Project Manager and in the span of 35 years, has handled various profiles before taking over as CEO-Energy Sector for South Asia.

 

About Vedanta Limited (Formerly Sesa Sterlite Ltd. /Sesa Goa Ltd.)

Vedanta Limited (Vedanta Ltd) is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil & gas. The Company produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka.

Vedanta Ltd, formerly Sesa Sterlite Ltd. /Sesa Goa Ltd., is the Indian subsidiary of Vedanta Resources Plc, a London-listed company. Sustainable Development is at the core of Vedanta's strategy, with a strong focus on health, safety and environment and on enhancing the lives of local communities. Vedanta Ltd is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

 

For further information, please contact:

Roma Balwani

President - Group Sustainability, CSR and Communications

Tel: +91 22 6646 1000

gc@vedanta.co.in

 

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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