Vedanta Aluminium, V‑Spark launch MetALverse in Odisha; partners with OpenAI, Microsoft, SAP to unlock ₹2,100 crore AI‑driven value

Several MoUs to deploy deep tech solutions were announced during MetALverse, Vedanta Aluminium’s tech showcase in Jharsuguda, Odisha that featured participation from major tech leaders and emerging startups

Vedanta Aluminium, India's largest aluminium producer, in collaboration with V-Spark, India's largest manufacturing deep tech incubator, recently hosted MetALverse, an immersive tech showcase in Jharsuguda, Odisha. The company also announced partnerships with several cutting-edge technology providers, including market leaders such as OpenAI, Microsoft and SAP. Together, they will deploy innovative, multi-pronged solutions to cumulatively unlock up to ₹2,100 crore in value through the enhanced adoption of AI, digitalisation and automation technologies across Vedanta Aluminium’s operations.

Vedanta Aluminium’s MetALverse event was envisioned as a strategic platform to accelerate the deployment of breakthrough technologies across large-scale industrial operations, by bringing together global technology leaders, emerging startups, and top business experts. The partnerships will focus on evaluating, piloting and scaling next-generation solutions across Vedanta Aluminium’s operations. The value opportunity of ₹2,100 crore will be achieved through the integration of innovative solutions for enhanced plant productivity, cost optimisation, asset reliability and sustainability initiatives across Vedanta Aluminium's integrated value chain.

The event reflects a shared vision between Vedanta Aluminium and V-Spark to bridge the gap between groundbreaking deep tech innovation and real-world deployment, by identifying high-impact technologies, validating them in live operating environments and accelerating their adoption. Vedanta Aluminium has already established a fully integrated value chain that ranges from mining to alumina refining to aluminium production. By leveraging the company’s vast, cutting-edge manufacturing plants - some of which are amongst the largest in the world - as a mega incubation environment, V-Spark aims to rapidly transform promising innovations into industry-ready deployments while also co-creating a robust AI-led manufacturing ecosystem.

Priya Agarwal Hebbar, Non-Executive Director, Vedanta Limited and Chairperson, Hindustan Zinc, said "India’s manufacturing sector is entering a defining decade. The future will belong to companies that combine scale with intelligence, sustainability and the courage to rethink what is possible. At Vedanta Aluminium, we see AI as a catalyst for that transformation, with human intelligence providing the judgement and direction behind it. We are bringing together the best minds across industry and technology because we don’t want to simply make today’s plants better. We want to build the metal of the future, using the technologies of the future."

Akarsh Hebbar, Non-Executive Vice Chairman, Vedanta Aluminium and Chairman, V-Spark DeepTech Ventures, said "The greatest opportunity in industrial innovation lies in deploying new technologies at scale to create measurable business value. Vedanta Aluminium, as one of the top producers of the metal of the future globally, provides the expansive operating footprint, technical depth and determination to industrialise breakthrough solutions, while V-Spark is the engine that identifies, validates and accelerates these technologies from concept to enterprise-wide deployment. We aim to partner with several industrial solutions to scale and transform creative innovation into tangible productivity gains, stronger sustainability, enhanced reliability and significant value creation."

Pinak Dattaray, Founder & CEO, Ripik.AI, said "AI is creating new opportunities for industrial organisations to transform how knowledge is accessed, decisions are made and operations are managed. At Ripik.AI, we are focused on making advanced AI capabilities accessible through tools that help people and organisations solve complex problems and work more effectively. We are excited to collaborate with Vedanta Aluminium as it explores new applications of AI across its business. The company demonstrates how leading manufacturers can combine deep operational expertise with cutting-edge AI to unlock innovation, improve performance and create meaningful value at scale."

At MetALverse, Vedanta Aluminium announced collaborations with several top technology companies and emerging innovators to accelerate AI-led transformation across its operations. The identified partners include OpenAI for generative AI and intelligent agents; Microsoft for cloud, AI and enterprise transformation; SAP for integrated enterprise processes; AVEVA for industrial data, digital twins and advanced analytics; Rockwell Automation for smart manufacturing and control systems; Thoughtworks for digital engineering; and Fives for aluminium process technologies and carbon plant optimisation. The company has also partnered with deep-tech innovators including Ripik.AI for industrial vision and process optimisation; XYMA for high-temperature asset monitoring; Faclon for industrial intelligence and connected manufacturing; DesignX for AI-enabled factory workflows; DigitalPaani for industrial water optimisation; AutoVRse for immersive workforce training; Enmovil for AI-led logistics; and ideaForge for drone-based industrial intelligence.

These collaborations will focus on technical evaluation, data integration, pilot deployment and scale-up potential. Through its V-Spark innovation ecosystem, the company aims to rapidly validate and deploy solutions that strengthen productivity, safety, sustainability, asset reliability and operational decision-making. Presently, Vedanta Aluminium is actively collaborating with nearly 70 startups under the program, spanning one of the world’s largest alumina refineries in Lanjigarh, Odisha, the world’s largest single-location aluminium plant in Jharsuguda, Odisha, and India’s iconic aluminium producer, BALCO in Korba, Chhattisgarh.

About Vedanta Aluminium Metal Limited:

Vedanta Aluminium Metal Limited is one of the world’s leading producers of aluminium, ‘the Metal of the Future’ powering advanced manufacturing, the energy transition, and next generation technologies. As India’s largest aluminium producer, the Company operates integrated, world-class assets including a state-of-the-art alumina refinery, one of the world’s largest aluminium smelter complex in Odisha, and the iconic Bharat Aluminium Company (BALCO). With a diverse portfolio of high-quality aluminium products, Vedanta Aluminium caters to discerning customers across more than 60 countries and plays a vital role in global industrial supply chains. The company is recognised among global peers for its sustainability leadership, as reflected in its strong performance in the S&P Global Corporate Sustainability Assessment. By advancing the possibilities of aluminium - the Metal of the Future - Vedanta Aluminium continues to enable next generation industries while creating enduring value for customers, communities, and shareholders. For more information, visit: https://vedantaaluminium.com/

About V-Spark DeepTech Ventures:

V-Spark DeepTech Ventures Pvt. Ltd., Vedanta’s dedicated deep-tech and innovation arm, is accelerating technology-led transformation across the Group’s mining, metals and manufacturing businesses. Operating as a venture-client platform for all Vedanta entities, V-Spark partners closely with startups, MSMEs and global technology leaders to rapidly pilot, deploy and scale cutting-edge solutions across AI/ML, automation, robotics, drones, computer vision and advanced digital technologies. With a strong focus on operational excellence, volume-cost optimisation, reliability, sustainability and ESG integration, the platform is also enabling strategic investments in future-ready innovations. Through its robust global startup ecosystem and scalable innovation capabilities, V-Spark is positioning Vedanta at the forefront of industrial deep-tech adoption and next-generation manufacturing transformation.

Vedanta Aluminium Plant at Jharsuguda (Odisha) Now the World's Largest, with 1.8 Mn Tonne Production Capacity

Vedanta aluminium plant at Jharsuguda (Odisha) is now the largest in the world. With a 1.8 million tonne production capacity, it supplies high quality aluminium to India and 60 other countries.

The plant, which has been operational since 2007, operates the world's largest single-location aluminium smelter outside of China, with a substantial production capacity.

As of the fiscal year 2023-24, it has been reported that Vedanta Aluminium produced 2.37 million tonnes of aluminium, making it not only India's largest aluminium producer but also operating the world's largest single-location aluminium smelter. The plant's capacity is a testament to its scale and the role it plays in the aluminium industry globally.

Vedanta Aluminium has been awarded the World No. 1 Rank in the S&P Global Corporate Sustainability Assessment (CSA) in 2023 among aluminium producers worldwide.

The company uses industry-leading technologies to pave the way for a sustainable future, offering high-quality aluminium products and alloys that find applications in various critical sectors.

The plant's coal-based thermal power station was commissioned in July 2008 and supplies power to the aluminum smelter. The plant sources coal from Ib Valley Coalfield and water from the Hirakud Dam reservoir.

Vedanta also operates the Bharat Aluminium Company (BALCO) in Korba, Chhattisgarh, which is acclaimed as one of India's greatest disinvestment and privatisation success stories.

These facilities are crucial for producing aluminium, which finds applications across various industries including aerospace, aviation, transportation, and more, and is increasingly important for sustainable and low-carbon technologies.

Vedanta Aluminium Launches World’s Largest Online Superstore for Primary Aluminium Products

Vedanta Aluminium launches Vedanta Metal Bazaar

• Vedanta Metal Bazaar sells over 750 aluminium products online, positioning it as a game-changing new offering within India’s aluminium landscape
• Offers host of global-first features like live shipment tracking, AI powered spot orders, financial reconciliation
• Brings ease, transparency and seamless buying experience of B2C ecommerce to B2B metal buying platform

Vedanta Aluminium, India’s largest producer of aluminium, announces the launch of Vedanta Metal Bazaar, an innovative new e-superstore for primary aluminium that promises to transform the way it is bought and sold in India. At launch, the superstore offers over 750-plus product variants, encompassing the extensive range of offerings from the stable of Vedanta Aluminium. It also features AI-based price discovery, offering customers unmatched value even in the face of fluctuating commodity prices.

Vedanta Metal Bazaar can be accessed directly via the following portal link: https://browse.vedantametalbazaar.moglix.com/catalog/aluminium. It is also available as a mobile app, ‘Vedanta Metal Bazaar’, which is downloadable through the Google Play Store and Apple App Store. Products on offer include ingots, billets, primary foundry alloy (PFA), wire rods, rolled products, flip coils, hot metal and Restora (India’s first low-carbon aluminium). In addition, the superstore also offers customized solutions tailored to the needs of the company’s wide customer base.

Vedanta Aluminium CEO Mr. John Slaven at the launch of Vedanta Metal Bazaar

Aluminium is a critical raw material for key sectors such as aerospace, automotive, building & construction, energy distribution, defence and many more. Identified as a vital metal for the global energy transition, it is also crucial to emerging sectors such as renewable energy, electric vehicles, green infrastructure and hi-tech manufacturing, earning it the sobriquet of the ‘metal of the future’. However, sourcing aluminium was hitherto a complex, resource-intensive process. Buyers must keep track of price movement, negotiate on multiple parameters which is often complex and time consuming, plan logistics and follow-up for financial reconciliation, often with no visibility of order delivery. Unforeseen disruptions could result in severe production and financial losses at the buyer’s end and tie up significant resources.

With a view to enhance ease of doing business for customers, Vedanta Aluminium has launched Vedanta Metal Bazaar, an innovative e-commerce platform poised to revolutionize the aluminium buying experience. It promises to simplify the entire procurement process, enabling buyers to focus on their business growth rather than wasting time on transactional follow-ups and tracking vagaries of commodity prices and order fulfilment. Aluminium is the second-most consumed metal in the world today, next only to steel.

Vedanta Metal Bazaar empowers buyers with just-in-time delivery, real-time AI-based price discovery and end-to-end visibility of their purchase, right from order placement to delivery. This allows for robust production planning and frees up their capital for more strategic investments. It also enables customers to make informed purchase decisions based on order history, dynamic market scenarios, and competitive rates in just a few clicks.

A pioneering new platform, Vedanta Metal Bazaar has been designed from the ground up, taking into account customer expectations towards ensuring a transformative experience. Several global-first features are integrated into the platform, including product availability, online price discovery, long-term contracts, on-the-spot orders, live shipment tracking, financial reconciliation, all critical documentation (such as test certificates, bank guarantees, letters of credit) and a selection of channel finance and logistics providers for customers to choose from to aid their procurement journey. This entire experience is supported by Vedanta Aluminium’s panel of in-house experts, who will be on-hand to guide first-time users and discuss specific customization requirements. The platform has been successfully beta-tested with select clients for a year and is now being rolled out widely for all domestic buyers.

Mr. John Slaven, CEO, Vedanta Aluminium said, “As one of the fastest growing economies in the world, aluminium is essential to India’s continued rise. At Vedanta Aluminium, we are driven by a customer-first obsession to constantly innovate solutions that not only ensure business success for our customers but also contribute to the overall growth of the country. Vedanta Metal Bazaar thus comes as a truly great reflection of what India stands for today: a potent blend of engineering prowess and digital innovation. It offers a world-class experience to a rapidly progressing nation, democratising access to top-quality aluminium by making it readily available to all sections.”

The key features of Vedanta Metal Bazaar include:

• Added access through mobile devices with a user-friendly interface – first in the non-ferrous industry
• Innovative ‘Agreement Tool’ for streamlining complex negotiations
• AI-powered Spot Orders and Live Shipment Tracking, the first in the metal industry
• No limit on quantity of material purchase
• Unique QR-based product authenticity verification and seamless feedback systems
• Reliable panel of channel finance and logistics providers for seamless procurement
• Direct access and simplified, smooth workflows for all customers – large and MSMEs
• Quick access to India’s first-ever low carbon ‘green’ aluminium range, Restora
• Single window to interact with Vedanta’s quality, technical support, product application, engineering, and innovation teams through a dedicated module
• Technical upskilling with access to the company’s Centre of Excellence, comprising a wide community of research institutes, industry associations, and global experts

Sharing his experience, Mr. Manoj Kumar Jain, Senior General Manager, KEI Industries, said, “I am truly impressed by Vedanta Metal Bazaar’s user-friendly platform. It provides all the necessary information, including test certificates, real-time credit balance, order history, as well as live location for dispatches – which is incredibly helpful. The online negotiation and MoU system build trust. I’m excited about upcoming features like live hedging and WhatsApp integration, which showcases their commitment to innovation.”

Mr. Abhishek Aggarwal, owner of Sant Aluminium, an enterprise from Alwar, adds, “As a business owner seeking a hassle-free way to buy aluminium, Vedanta Metal Bazaar exceeded my expectations. The platform is easy to use and there is no limit on purchase quantity. The feedback system contributes to better planning, and the mobile app is a handy tool for on-the-go order tracking. I highly recommend Vedanta Metal Bazaar for a simple and reliable metal procurement experience.”

Vedanta Aluminium Collaborating with ~ 60 Tech Startups on 90+ Projects to Enhance Operational Excellence

Last Wednesday, that was National Startup Day, Vedanta Aluminium, India’s largest producer of aluminium, celebrated its collaboration with nearly 60 cutting-edge technology startups on 90 diverse projects.

Going beyond conventional notions of manufacturing, Vedanta Aluminium said that it is utilising Industry 4.0 technologies such as Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning (ML), Drone Technology, Computer Vision, Robotics and more, to drive operational excellence and innovation across its functions.

In celebration of National Startup Day, the company invited several leading startups for a multi faceted knowledge-sharing session to showcase the successful outcomes of their collaboration and demonstrate the impact of emerging technologies across Vedanta Aluminium’s critical operations. These include diverse scenarios such as the company’s smelters, alumina refinery, power plants, mines, material handling, supply chain, and HSE (Health, Safety, and Environment) practices.

Aligned with the ethos of ‘Startup India’ and ‘Make in India’, this endeavour was an integral facet of the company’s initiative, Vedanta Spark, a unique global corporate innovation, accelerator, and venture program that empowers startups to create large-scale impact by leveraging transformative technologies to solve business challenges at scale. Under the Vedanta Spark project, Vedanta Aluminium has fostered partnerships with deep tech startups for projects like predictive and prescriptive analyticsto enhance operational efficiency in smelters, IoT solutions for continuous monitoring of critical production parameters, advanced modelling for quality control of finished goods, startup optimization ofpower plants, AR/VR/XR simulations for safety training of employees, drone-basedsurveillance, and many more.

Speaking on the occasion, Mr. John Slaven, CEO, Vedanta Aluminium said, “The rise of India’s economy to global prominence is fuelled by itsyouthful dynamism and unwavering entrepreneurial zeal. The nation is home to one of the world’s most thriving startup and entrepreneurial ecosystems. As India’s largest producer of aluminium, Vedanta Aluminium complements the relentless drive radiating from these startups, leading to collaborative efforts for global excellence. With aluminium emerging as the cornerstone for a sustainable future, our path to exponential growth relies on being digital-first and future-ready. Therefore, we actively collaborate with tech startups, infusing cutting-edge technologies and global expertise to elevate our manufacturing and operational excellence."

Commenting on the collaboration, Raju Yadati – Founder & Director, Glovision Techno Services Pvt. Ltd. said, “At Glovision, we build cutting-edge cloud-based IOT applications for Vedanta Aluminium to optimize logisticsand transportation, thereby contributing to safer and more productive mining operations. It has been our privilege to work with the company."

Adding his views, Himanshu Srivastava, Director – Customer Success, ZestIOT, “We have deployed our propriety deep tech AI/ML algorithms which are used at the company’s Jharsuguda smelter operations to enhance accuracy and transparency in critical operations. We thank Vedanta Aluminium for their mentorship, which has been invaluable.”

To cultivate a culture of innovation and transform employees into intrapreneurs, Vedanta Aluminium has established ‘Innovation Cafés’ across its business units. These vibrant spaces serve as incubators for passion projects, where employees and business partners collaborateto tackle diverse business challenges, pooling internal expertise and producing innovative solutions. Simultaneously, the company actively nurtures an extensive ecosystem of rural and micro-entrepreneurs in its operational regions, which liein the hinterlands of the nation. Vedanta Aluminium’s expansive value chain, customer network, and supplier network have not only fostered numerous MSMEs but have also elevated manyto the status of valued suppliers and esteemed business partners for the company, helping them become a part of the global value chain.

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

Vedanta Aluminium with IIT Kharagpur Develop Innovative Breakthrough, Gets Patent

Vedanta Aluminium patents innovative breakthrough in bauxite refining process

Developed in collaboration with IIT Kharagpur, the innovative process will enhance resource efficiency and curb energy consumption

Vedanta Aluminium, the largest aluminium producer in India, has announced the development of a groundbreaking process to significantly reduce the generation of bauxite residue, commonly known as red mud in the alumina refining process. The process reduces bauxite residue by a remarkable 30% by eliminating iron values while simultaneously recovering a higher alumina yield, reducing the total organic content from bauxite during the alumina refining. The process significantly enhances resource efficiency and curbs energy consumption during refining.

The research project was led by the company’s Research & Development (R&D) department in collaboration with the Department of Metallurgical and Materials Engineering, Indian Institute of Technology Kharagpur (IIT KGP), with special support from the Lanjigarh, Odisha unit, home to Vedanta’s world-class alumina refinery. This cutting-edge development will enhance the company’s operational excellence and have a sustainable impact on the global aluminium industry.

Bauxite is the primary ore for aluminium, and it undergoes an intermediate refining stage, known as the Bayer process, to produce alumina, which is then subjected to electrolysis to produce aluminium. This refining process generates bauxite residue as a by-product. To produce 1 kg of aluminium, it requires 2 kg of alumina, which consumes 6 kg of bauxite, leaving behind 4 kg of bauxite residue.

Managing this voluminous by-product sustainably has been a long-standing industry challenge. Vedanta Aluminium is actively engaged in minimising bauxite residue and exploring avenues to extract value from it. The company has developed a revolutionary process, which has been successfully validated in the laboratory and patented. Presently, the company is focusing on establishing a pilot plant to implement and assess the process, along with determining its potential advantages.

On the breakthrough, Mr. GG Pal, Dy. CEO – Alumina Business, Vedanta Ltd., said, “At Vedanta Aluminium, operational efficiency is of paramount importance for us in achieving sustainability. Toward this goal, we are aggressively focusing on our in-house R&D initiatives to drive tech-led innovative solutions to address existing industry problems.”

Sharing his thoughts on the development, Dr. Amit Chatterjee, Chief Research & Development Officer, Aluminium Business, Vedanta Ltd., said, “We look forward to implementing our groundbreaking process in bauxite residue management in our refinery operations. This is a significant milestone that will offer a pathway to enhanced resource efficiency and energy conservation and contribute towards reshaping the global aluminium industry.”

Dr. Chenna Rao Borra, Assistant Professor, Department of Metallurgical and Materials Engineering, IIT Kharagpur said, “Vedanta Aluminium’s dedication to R&D for sustainability goals is truly inspiring. The reduction of bauxite residue has been one of the key challenges for the aluminium industry, requiring significant technological advancements. The process, developed through the collaborative efforts of IIT Kharagpur and the company, will not only significantly improve bauxite residue management but also contribute to reducing the carbon footprint in the process.”

Vedanta Aluminium is the first company in the country to extract the entire volume of water from bauxite residue slurry and recycle it back into operational use, achieving Zero Liquid Discharge (ZLD) and demonstrating its commitment to water conservation. The remaining bauxite residue is densely packed in dried form and stored in a specially constructed and scientifically managed concretized area called the Bauxite Residue Reservoir. This containment method prevents bauxite residue from inadvertently leaching into the groundwater. For this processing purpose, the company was the first in the country to establish a Bauxite Residue Processing Plant. With the new method implementation, this residue generation will be reduced further.

Additionally, Vedanta Aluminium is actively collaborating with research institutes to develop innovative technologies for the utilization of bauxite residue. These technologies include the beneficiation of bauxite residue to enrich Rare Earth Elements (REEs), the recovery of alumina and iron values, and processes for extracting and separating titanium and REEs like Scandium. This effort is crucial because bauxite residue houses valuable metals, including iron, alumina, REEs, and titanium dioxide.

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

Vedanta Aluminium Becomes India’s Largest Green Power Purchaser

The company has purchased 354 Million Units of renewable energy in FY22 from the IEX Green-Term Ahead Market

New Delhi, 2nd August 2021: Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, became India’s largest green power purchaser on the Green Market at the Indian Energy Exchange Limited (IEX) platform in Q1 FY 21-22. For its largest integrated aluminium production facility at Jharsuguda, in Odisha, Vedanta procured 354 million units of solar and non-solar renewable energy primarily from Green Term-Ahead Market (GTAM) at IEX.

IEX is a premiere energy marketplace and is the largest power exchange in the country. GTAM, introduced last year by IEX, supports buyers in procuring green energy in the most competitive and flexible manner. The purchase of green power from the exchange has enabled organisations like Vedanta and the industry at large to achieve their carbon-mitigation targets while producing ‘green’ value-added products. Vedanta Aluminium’s purchase of green power units is more than 35% of the green power traded on IEX in Q1 FY22.

Vedanta Aluminium’s energy stewardship manifests itself through a two-pronged strategy – a sharp focus on attaining highest efficiency of assets and processes for excellent energy management, and a roadmap towards carbon neutrality that includes adopting the right mix of feasible avenues for increasing consumption share of green energy. Case in point, Vedanta Aluminium bagged three Gold Awards at the Society of Energy Engineers and Managers (SEEM) National Energy Management Awards 2020 for outstanding energy performance by its Aluminium Smelters I & II and Captive Power Plant at Jharsuguda. Vedanta’s Smelter-I at Jharsuguda and Alumina Refinery at Lanjigarh, also bagged ‘First Prize’ each at the prestigious National Energy Conservation Awards 2020 (NECA 2020) by the Bureau of Energy Efficiency (BEE), Government of India. 

Vedanta Aluminium Smelter at Jharsuguda, Odisha

An Alumina Refinery is a plant where bauxite (the ore of aluminum) undergoes refining to produce aluminum oxide or alumina, and an Aluminum Smelter is a plant where alumina undergoes electrolytic reduction to produce pure aluminum.

Speaking about Vedanta’s approach towards carbon mitigation, Mr. 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. To that end, our efforts have been towards adopting global best-practises in energy management and deploying advanced technologies to reduce our carbon footprint. Our long-term strategy focuses on migrating to low carbon energy mix, with gradual shift from fossil fuels to renewable energy, to produce green aluminium.”

Appreciating Vedanta Aluminium’s green energy stewardship, Mr. Rohit Bajaj, Senior Vice President & Head-Business Development, IEX, said, “At IEX, our constant focus has been to build a customer centric energy marketplace leveraging innovation and technology towards building India as a sustainable and efficient energy economy. The Green Term-Ahead Market offers the market participants an opportunity to trade in delivery based solar and non-solar renewable energy at the most competitive prices in a flexible manner. The market segment has been operational for over a year now and has received splendid response from industries, especially the energy intensive ones as well as the distribution utilities.

IEX congratulates Vedanta Aluminium Business for being a leading participant in the green market and greatly appreciates their efforts in inspiring the industry at large to step up green energy procurement and reduce carbon footprint. We believe India Inc. has a vital role to play in building a sustainable energy future for the industry and our country.”

Vedanta Aluminium’s operations are aligned to the recommendations made by the Task Force on Climate related Financial Disclosures (TCFD). Vedanta Aluminium’s Business Units have always been forerunners in the field of energy efficiency and sustainability. Few notable initiatives and highlights:

• Vedanta Aluminium has significantly reduced its GHG emission intensity by 21% with 2012 as baseline and aims to reduce it by 24% in 2025 over the same baseline.
• Reduction in indirect energy consumption of 2 million Giga Joules (GJ) between FY20 and FY21 at Vedanta Aluminium’s captive assets.
• Climate action initiatives across all Business Units have resulted in energy conservation of 1.4 million GJ and GHG savings of 0.32 million tonnes of carbon dioxide equivalent (tCO2e) in FY 20-21.
• Vedanta’s aluminium smelter at Jharsuguda is India’s first, and the world’s third smelter to deploy Digital Smelter Solution, which uses digital twin technology, to enhance energy efficiency.
• The Jharsuguda smelter is also the first aluminium smelter in Asia to receive ISO 50001 certificate for Energy Management System since 2013.
• Bharat Aluminium Company (BALCO), Vedanta’s subsidiary at Chhattisgarh, achieved lowest specific power consumption in its Potline-I in 2020, setting a benchmark among Aluminium Smelters in India and the Gulf countries. A potline is a long building, or collection of buildings, located in a smelter and contains a series of ‘pots’, or large. electrolytic cells, in which aluminium smelting is carried out.
• Vedanta’s ‘Carbon Forum’ is actively working on guiding implementation of the company’s carbon mitigation approach.

Vedanta Aluminium Business in Odisha & Chhattisgarh, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing half of India’s aluminium i.e. 1.96 million tonnes in FY21. It is a leader in value-added aluminium products that find critical applications in core industries. With its world-class Aluminium Smelters, Alumina Refinery and Power Plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.