May 3, 2018 / 1:03 PM / 19 days ago

BRIEF-India's Vedanta CEO Says Co Plans To Reach 350,000 bpd In 3 Years In Oil & Gas Sector

May 3 (Reuters) - Vedanta Ltd CEO Kuldip Kaura:

* VEDANTA LTD EXEC SAYS CO PLANS TO REACH 350,000 BARRELS PER DAY IN 3 YEARS IN OIL AND GAS SECTOR

* VEDANTA LTD EXEC SAYS IN ZINC INDIA OPERATIONS, CO PLANS TO INVEST 45 BILLION RUPEES TO PRODUCE 1.35 MILLION TONNES IN 3 YEARS

* VEDANTA LTD EXEC SAYS SILVER PRODUCTION WILL GO UP TO 1,500 TONNES IN 3 YEARS

* VEDANTA LTD EXEC SAYS GAS PRODUCTION FROM BARMER BASIN WILL DOUBLE IN 2 YEARS

* VEDANTA LTD EXEC SAYS COPPER SMELTER SHUTDOWN IN SOUTH INDIA WILL BE RESOLVED “SOON”

* VEDANTA LTD EXEC SAYS FINANCIAL IMPACT FROM COPPER SMELTER SHUTDOWN IN SOUTH INDIA ON OVERALL NUMBERS OF VEDANTA IS NOT MATERIAL

* VEDANTA LTD EXEC SAYS SANCTIONS ON RUSSIA’S RUSAL HAS CREATED VOLATILITY AND INCREASED PRICES, WHICH IS GOOD FOR CO

* VEDANTA LTD EXEC SAYS CO LOOKING AT RAISING ELECTROSTEEL CAPACITY TO 2.5 MILLION TONNES

* VEDANTA LTD EXEC SAYS CO WILL DOUBLE PRODUCTION LEVEL OF IRON ORE IN KARNATAKA THIS YEAR Further company coverage:

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