Vedanta Resources PLC Vedanta appoints CEO - Power (0324N)
13 May 2015 - 5:51PM
UK Regulatory
TIDMVED
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
END
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