The companies plan to distribute 2,000 improved cookstoves and work to replace invasive plant species
Vedanta Aluminium on Wednesday said it has entered into a pact with state-owned gas utility GAIL (India) Ltd for supply of natural gas to its smelter at Jharsuguda in Odisha. The country's leading aluminium producer has entered into gas sales agreement with GAIL Gas Ltd, a subsidiary of GAIL (India) Ltd. This transition to natural gas, likely to be operational by the end of next year, will lower the carbon footprint, reduce emissions by an estimated 47,292 tonnes of CO2 equivalent annually, Vedanta Aluminium said in a statement. Vedanta is committed to achieving net zero emissions by 2050, by implementing a dual strategy that includes increasing renewable energy usage while also creating carbon sinks through afforestation efforts, it said. "Our partnership with GAIL Gas Ltd is a testament to our commitment to reducing carbon emissions and embracing cleaner energy solutions," Priya Agarwal Hebbar, Non-executive Director at Vedanta and Chairperson of Hindustan Zinc Ltd, said. GAIL G
The September quarter results of Anil Agarwal-backed Vedanta are anticipated to be impacted by a mix of macroeconomic factors and segment-specific performance, according to domestic brokerages
The firm added that this would create a massive industrial complex for downstream industries, as aluminium has hundreds of applications in sectors such as automotive, power, construction, and railways
Vedanta Aluminium on Thursday said it has digitally linked its metal quality analysis system with the London Metal Exchange (LME) -- the global hub for trading industrial metals and setting benchmark prices. The move aims to streamline operations throughout the entire metal supply chain, from production to delivery, the company said in a statement. "This makes Vedanta Aluminium the first smelter in India to digitally link its metal quality analysis system with it and the fifth primary aluminium producer globally to establish a direct digital connection for Certificates of Analysis submission from its smelters to the LME Passport platform," it said. "...implementation of the LME Passport underscores our commitment to adopting cutting-edge digital technologies that enable us to meet the highest global standards in metal quality assurance," Vedanta Aluminium Chief Operating Officer (COO) Sunil Gupta said in a statement.
Coal accounts for nearly 50% of the country's installed power capacity of 443 GW
Ramp up in captive coal production could also help National Aluminium Company, known to be one of the lowest-cost producers of alumina, to register further reduction in costs
Vedanta Aluminium has said it is on course to achieve the goal of having 30 per cent women employees among its workforce by the end of next financial year, much ahead of the timeline of 2030 set by the company. The total headcount of Vedanta Aluminum is over 25,000 of which 22 per cent employees are women, according to the company's CEO John Slaven. "The company is on track to achieve a ratio of 30 per cent women employees on its rolls by the end of FY25. Notably, the milestone is set to arrive five years sooner than the company's stated target of 2030, with women professionals already comprising 22 per cent of the total number of employees," Slaven told PTI. He said that the global manufacturing industry must invest in women professionals to take advantage of benefits from diverse perspectives, directly resulting in better decision-making, well-rounded offerings for diverse markets, and superior customer service. "Working at Vedanta Aluminium offers women professionals the assuran
Vedanta Aluminium on Monday said that it is prioritising higher resource efficiencies, greater use of renewables in energy mix and converting waste into wealth as part of steps to reduce its carbon footprint. The company is forging enduring tie-ups with its communities for inclusive development, Vedanta Aluminium CEO John Slaven said in a statement. "We have embarked on a transformative journey where our commitment to sustainability goes beyond business compliance to focusing on how we can make a positive impact on the environment. Securing the top rank in the S&P Global CSA recognises our commitment to fully embed sustainability practices across every facet of our value chain, from sourcing to product delivery," he said. The company is committed to achieving Net Zero by 2050, adopting a two-fold strategy of reducing and offsetting its carbon footprint. In terms of reduction, the company is focused on increasing the quantum of renewables in its energy mix, enhancing its ...
Vedanta Aluminium on Monday said it has joined global primary aluminium industry body International Aluminium Institute as its newest member. "We are thrilled to be joining the International Aluminium Institute (IAI) towards strengthening our unwavering commitment to advancing sustainability within the aluminium industry. "In this pursuit, we are also focused on leveraging the latest innovations and technology to enhance our operations," Vedanta Aluminium CEO John Slaven said. Set up in 1972, the current IAI membership includes the leading bauxite, alumina and aluminium companies, globally. Vedanta Aluminium, a business of Vedanta Ltd, is the country's leading producer of aluminium, manufacturing more than half of India's aluminium i.e., 2.29 million tonnes in FY23.
Vedanta Aluminium on Wednesday said that it has dispatched its first supply of low-carbon aluminium to a company based in Telangana. As part of the order, the company will supply 300 metric tonnes of Restora Billets to Global Aluminium. "Vedanta Aluminium has dispatched its first domestic supply of Restora, the nation's first-ever low-carbon 'green' aluminium, to Global Aluminium Pvt Ltd, a leading aluminium extrusion company based in Telangana," the company said in a statement. Manufactured using renewable energy, Restora is produced with a greenhouse gas emission intensity within four tonnes of CO2 equivalent per tonne of aluminium manufactured, which is the global threshold for aluminium to be considered as having a low carbon footprint. Restora Ultra, made with aluminium recovered from dross, a byproduct of aluminium smelting, has an even lower carbon footprint that is near zero and is amongst the lowest in the world. "We ... are committed to working with our valued customers
'Investors like pure play,' says billionaire chairman of company that has varied interests
Vedanta Aluminium on Tuesday said it has entered into a long-term pact with Dalmia Cement for supply of industrial wastes such as fly ash and spent pot lining for manufacturing low carbon cement. Under the pact, Vedanta's mega aluminium smelter at Jharsuguda, Odisha will supply around 20 rakes of fly ash every month for five years to Dalmia Cement's manufacturing units in Odisha, Chhattisgarh, Meghalaya, and Assam, and spent pot lining (SPL) for three years to the company's plant at Rajgangpur, Odisha. Vedanta Aluminium is a preferred supplier of high-quality fly ash to some of the country's leading cement producers, fostering industrial collaboration for the production of low-carbon cement, the company said in a statement. "Strategic collaborations such as this will provide multiple benefits in terms of enhanced quality, sustainability and cost benefits to cement manufacturing, while helping us in gainful waste management. "Our waste-to-wealth initiatives are designed to develop .
Vedanta Ltd on Monday said that its aluminium production increased by 2 per cent to 5,84,000 tonnes in the second quarter of the ongoing fiscal. The company's aluminium production in the corresponding quarter of FY22 stood at 5,70,000 tonnes, Vedanta Ltd said in a filing to BSE. The mined metal output at Zinc India during the July-September quarter also went up by 3 per cent to 2,55,000 tonnes over 2,48,000 tonnes in the same period of the previous fiscal. "First half mined metal production at 507,000 tonnes was higher by 8 per cent YoY, on account of increase in ore production, further supported by better grades and improved operational efficiency," the filing said. The production of finished steel also went up by 11 per cent to 3,25,000 tonnes, from 2,93,000 tonnes in the year-ago quarter. The total power sale increased to 3,615 million units (MU), compared to 2,905 MU in the second quarter of previous fiscal. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the .
The company said it has been a long-time partner to the auto industry, developing product solutions perfectly tailored to their evolving needs.
Mining giant Vedanta Ltd on Monday reported a 3 per cent increase in its aluminium production to 5,65,000 tonnes in the April-June quarter of the ongoing fiscal. The company had produced 5,49,000 tonnes of aluminium in the corresponding quarter of the previous fiscal, Vedanta Ltd said in a filing to BSE. Mined metal production at Zinc India increased by 14 per cent to 2,52,000 tonnes due to higher ore production across all the mines and supported by better mill recovery. The production of saleable iron ore in Karnataka in the first quarter declined by 14 per cent to 1.26 million tonnes over 1.46 MT on account of heavy rainfall which impacted ore handling. The company's total production of saleable steel declined by 7 per cent to 2,69,000 tonnes over 2,89,000 tonnes in the year-ago period. It achieved 14 per cent rise in ore production to 1,40,000 tonnes in the Q1 FY'23, over the corresponding quarter of previous fiscal. With regard to copper, Vedanta said, "Our Silvassa refinery
Done in partnership with Gemini Equipment and Rentals India, this feat sets the ball rolling on Vedanta Aluminium's plans to decarbonise its industrial vehicle fleet.
Vedanta Aluminium on Monday announced it will 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 Ltd and Special Purpose Vehicles affiliates of Sterlite Power Technologies Pvt Ltd (SPTPL). In a statement, the company said that 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. "This 380 MW renewable energy power delivery agreement for our aluminium smelters stands true to our mission of aligning the incentives of growth with the imperatives for the planet," Vedanta CEO aluminium business Rahul Sharma said. Charting its roadmap to Net Zero by 2050, Vedanta Aluminium is working on a three pronged-approach to decarbonise its ...
The first production volume of 100 kilo tonnes of Restora and Restora Ultra aluminium already has interest from environmentally conscious customers