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Vedanta Aluminium announces long-term sourcing of 380 MW renewable power

 Vedanta Aluminium has announced long-term sourcing of 380 megawatts (MW) of renewable energy for its aluminium smelters, which will be carried out through a Power Delivery Agreement (PDA) between Vedanta Limited and Special Purpose Vehicles – affiliates of Sterlite Power Technologies (SPTPL), according to a company release. 

The long term sourcing agreement includes 180 MW of renewable energy  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. Our determination to build a Net Zero climate-resilient aluminium business is equally matched by our commitment to improve the quality of lives of those around us, with the knowledge that both are contingent on the environment. And therefore, we have redesigned our ESG (Environmental, Social & Governance) roadmap until 2030, with a focus on increasing renewable energy consumption, carbon reduction, water conservation and waste utilization,” said Rahul Sharma, CEO – Aluminium Business, Vedanta. 

Once online, this project has the potential to reduce Vedanta Aluminium’s GHG (greenhouse gas) emissions by around 15,00,000 tons 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.