CSR MAKING GOOD BUSINESS SENSE IN INDIA: SOCIO-ECONOMIC PROFILE(2)

The group has operations in India, Australia, and Zambia. Vedanta Aluminium Limited (VAL) has set up a Greenfield Alumina Refinery in Orissa with a capacity of 1 Million tons per annum. It is also setting up a 0.5 MTPA Aluminum Smelter, 1215 MW Captive Power Plant. The Group Company Sterlite Energy Limted is also setting up a 2400 MW Independent Power Plants at Jharsuguda. VAL is one of the world’s premier alumina refining complex in terms of its technology, human resources and high quality infrastructure. VAL has built a high caliber team who are passionately contributing to the growth and efficiency of the organization. Vedanta Aluminium Ltd. is involved in the business of this fundamental metal.

The Vedanta Alumina Refinery at Lanjigarh is operative in the state of Orissa in India. It is the first Alumina Refinery in India to adopt the Zero Discharge System.

Indian billionaire Anil Agarwal led Vedanta Resources plc is a global diversified and integrated metals and mining group. The company is not only ambitious about its business but also vigorously committed to its social responsibilities.

Representative APR 391%

Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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