Vedanta Aluminium Business has procured about 2 billion units of renewable energy in 2021 from power exchanges for consumption at its Aluminium Smelter in Jharsuguda at Odisha, becoming the largest industrial consumer of green energy, the company said in a statement.
The company said it reduced greenhouse gas emissions intensity at the smelter by more than 1540 KtCO2e (kilo tonnes of CO2 equivalent) in the year. Vedanta Aluminium’s Jharsuguda unit is India’s largest renewable energy buyer on the Green Term Ahead Market (G-TAM) platform at IEX.
Vedanta’s subsidiary Bharat Aluminium Company (BALCO) has led the renewable energy trading session, procuring 59% of the traded RE certificates (RECs) in November 2021 alone, and a total of over 2,861,700 RECs in the year, it said.
