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Vedanta's aluminium business to source 380 MW of green power for smelters

04 May 2022 Evaluate

Vedanta's aluminium business is planning to source 380 MW of green power on a long-term basis for its smelters. Once online, this project has the potential to reduce the company's greenhouse gas emissions by 15,00,000 tonnes of CO2 equivalent annually. This will be carried out through a power delivery agreement between Vedanta and Special Purpose Vehicles affiliates of Sterlite Power Technologies (SPTPL). 180 MW of this Renewable Energy (RE) will be for the aluminium smelter at Jharsuguda, in Odisha, and 200 MW for the Bharat Aluminium Company (BALCO) at Korba, in Chhattisgarh.

Charting its roadmap to Net Zero by 2050, Vedanta Aluminium is working on a three pronged-approach to decarbonise its operations - increasing the quantum of renewable energy in its energy mix, bolstering operational efficiencies to reduce energy consumption, and rapidly transitioning to cleaner fuels and technologies.

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.

Vedanta Share Price

779.00 -8.60 (-1.09%)
20-Apr-2026 10:04 View Price Chart
Peers
Company Name CMP
Hindalco 1023.05
Vedanta 779.00
Hindustan Zinc 586.05
Jain Resource Recycl 411.80
Gravita India 1675.60
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