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Vedanta procures 2 billion units of renewable energy for aluminium smelter

13 Jan 2022 Evaluate

Vedanta has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha, thereby reducing GHG emissions intensity at the smelter by more than 1540 KtCO2e (kilo tonne of CO2 equivalent) in the year 2021. Vedanta Aluminium's Jharsuguda unit is the country's largest renewable energy buyer on Green Term Ahead Market (G-TAM) platform at IEX.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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