Vedanta Aluminium became India’s largest green power buyer

By Editor


Vedanta Aluminium Business, India’s largest producer of aluminium, became India’s largest green power purchaser on the Green Market at the Indian Energy Exchange Limited (IEX) platform in Q1 of 2021-22 fiscal.

Vedanta procured 354 million units of solar and non-solar renewable energy, primarily from the Green Term-Ahead Market (GTAM) at IEX, for its largest integrated aluminium production facility at Jharsuguda in Odisha.

IEX is the largest power exchange in the country. GTAM, introduced last year by IEX, supports buyers in procuring green energy.

Vedanta Aluminium’s purchase of green power units is more than 35 percent of the green power traded on IEX in Q1 FY22.

Rahul Sharma, CEO, Vedanta Aluminium Business, said: “Our sustainability imperatives are designed to fulfil our climate impact reduction targets, which are in complete alignment with the goals of Paris Agreement and Nationally Determined Contributions (NDC) submitted by the Government of India.”

Vedanta Aluminium has significantly reduced its GHG emission intensity by 21 per cent with 2012 as baseline and aims to reduce it by 24 per cent in 2025 over the same baseline.

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