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Bharat Aluminium Company Limited (BALCO)

Aluminium Sadan, Core - 6, Scope Office Complex, Lodi Road, New Delhi - 110003

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BALCO’s Vedanta Skill School becomes Chhattisgarh’s first 5-star youth training facility

11th January 2023

Balconagar, January 11, 2023: Bharat Aluminium Company Limited (BALCO), India’s iconic Aluminium producer, crosses another milestone in its community developmental interventions with its Vedanta Skill School being awarded a 5-star rating under the Skill Management & Accreditation of Training Centers (SMART) program by the National Skill Development Corporation (NSDC). This makes it the only skill center in Chhattisgarh with a 5-star rating and multiple accreditations from the NSDC and Sector Skill Council (SSC).

The Vedanta Skill School is a one-of-its-kind institute that provides technical education and vocational training to local youth to make them employable and financially self-reliant. The institute imparts free residential training in six trades, including Sewing Machine Operator, Electrician, Welding, Hospitality, Fitter-Leveling Alignment & Balancing & Solar PV Technician, along with further helping the trainees with placements in companies of repute. The training program, ranging in duration from 45 to 65 days, is designed as per the National Skill Development Corporation (NSDC) guidelines. Since commencing in 2010, more than 10,000 students have graduated from the Vedanta Skill School till now and placed in reputed organizations across the country. They have gone on to bring additional household income and foster development of their communities at large.

Speaking about the certification, Mr. Abhijit Pati, CEO and Director, BALCO, said, “Empowered youth play a pivotal role in accelerating the development of a nation. It has been our earnest endeavour to make the local youth self-reliant by imparting them with employable skills and knowledge through the Vedanta Skill Schools. Our Skill Schools have helped bring about a positive transformation in the region, by enabling the youth to avail various opportunities for their growth and progress. Our youth interventions also include unique programs such as Project Connect, wherein our employees volunteer to help school students perform better in STEM subjects through supplemental coaching.”

Expressing her gratitude, Pratibha, a student of the Vedanta Skill School who is now employed in a leading textile company, says, “Enrolling in the Vedanta Skill School has been one of the best decisions of my life. I am deeply thankful to BALCO and the school for making me financially independent which is helping me take care of my family. The institute has been instrumental in transforming my life and making me self-reliant.”

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading 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. For more information, please log on to www.balcoindia.com

For more information, please contact:

Shuchi Mishra

Head – PR & Communications

BALCO

Shuchi.Mishra@vedanta.co.in

Disclaimer:

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading 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. For more information, please log on to www.balcoindia.com

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by the Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please visit www.vedantalimited.com

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