Vedanta NSE 0.18 % on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha.
Vedanta Aluminium’s business has become the largest industrial consumer of renewable energy in 2021, leading renewable energy procurement on India’s power exchanges– Indian Energy Exchange (IEX) and Power Exchange India Ltd (PXIL).
“The company has procured about 2 billion units of RE power in the year 2021 for consumption at its Aluminium Smelter in Jharsuguda, Odisha, thereby reducing GHG emissions intensity at the smelter by more than 1540 KtCO2e (kilo tonne of CO2 equivalent) in the year,” the company said in a statement.