India’s largest producer of aluminium Vedanta Aluminium has announced long-term sourcing of 380 MW of renewable energy for its Aluminium Smelters. 180 MW of renewable energy will be for the Aluminium Smelter at Jharsuguda in Odisha, and 200 MW for the Bharat Aluminium Company at Korba in Chhattisgarh. This will be carried out through a Power Delivery Agreement between Vedanta Limited and Special Purpose Vehicles – affiliates of Sterlite Power Technologies Pvt Ltd, a company engaged in the business of supplying renewable power with solar, wind and storage solutions.Once online, this project has the potential to reduce Vedanta Aluminium’s greenhouse gas emissions by 1,500,000 tonnes of CO2 equivalent annually.Charting its roadmap to Net Zero by 2050, Vedanta Aluminium is working on a three pronged-approach to decarbonize 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. Notably, the company was India’s largest industrial consumer of renewable energy in 2021, having procured nearly 2 Billion Units which was utilized in the production of Vedanta’s low carbon ‘green’ aluminium brand – ‘Restora’.
India’s largest producer of aluminium Vedanta Aluminium has announced long-term sourcing of 380 MW of renewable energy for its Aluminium Smelters. 180 MW of renewable energy will be for the Aluminium Smelter at Jharsuguda in Odisha, and 200 MW for the Bharat Aluminium Company at Korba in Chhattisgarh. This will be carried out through a Power Delivery Agreement between Vedanta Limited and Special Purpose Vehicles – affiliates of Sterlite Power Technologies Pvt Ltd, a company engaged in the business of supplying renewable power with solar, wind and storage solutions.Once online, this project has the potential to reduce Vedanta Aluminium’s greenhouse gas emissions by 1,500,000 tonnes of CO2 equivalent annually.Charting its roadmap to Net Zero by 2050, Vedanta Aluminium is working on a three pronged-approach to decarbonize 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. Notably, the company was India’s largest industrial consumer of renewable energy in 2021, having procured nearly 2 Billion Units which was utilized in the production of Vedanta’s low carbon ‘green’ aluminium brand – ‘Restora’.
