Vedanta Resources PLC Vedanta appoints CEO - Power (0350N)

TIDMVED

RNS Number : 0350N

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.

For Further information, please contact:

 
 Communications                          Finsbury 
  Roma Balwani                            Daniela Fleischmann 
  President - Group Communications,       Tel: [phone] 
  Sustainability 
  and CSR 
  Tel: [phone] 
  [e-mail]                        Tel: [phone] 
  Investors                               [e-mail] 
  Ashwin Bajaj 
  Director - Investor Relations 
  Anshu Goel 
  Vice President - Investor 
  Relations 
  Radhika Arora 
  Associate General Manager 
  - Investor Relations 
 

About Vedanta Resources plc

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland, Liberia, Australia and Sri Lanka. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, please visit www.vedantaresources.com.

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.

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