Vedanta to retain coal as base energy source, top executive says

Indian mining and metals conglomerate Vedanta Ltd will continue to rely on coal as its primary energy source for mining operations while aiming to increase the share of renewable sources in its energy mix, a top executive said on Tuesday.

Coal accounts for nearly 70% of Vedanta’s energy mix, Deshnee Naidoo, chief executive officer of Vedanta Resources, said in an interview on the sidelines of FT Live Energy Transition Summit India.