Ham Abstract

Bharat Aluminium Company Limited (BALCO)

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

Accessibility Adjustments

Content Adjustments

decrease font Decrease Font Size
default font Default Font Size
increase font Increase Font Size
highlight titles Highlight Titles
highlight links Highlight Links
text magnifier Text Magnifier

Color Adjustments

light-contrast Light Contrast Theme
dark contrast Dark Contrast Theme
high contrast High Contrast
monochrome Monochrome
Adjust Text Colors
high saturation High Saturation
Adjust Title Colors

Orientation Adjustments

hide images Hide Images
highlight hover Highlight Hover
big black cursor Big Black Cursor
big white cursor Big White Cursor
Ham Abstract
aboutbalco-page-banner

BALCO recognized for its efforts towards energy conservation under PAT scheme

11th April 2023

Balconagar, Korba; 11th April 2023: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, has been awarded the ‘PAT Top Performer’ award for its efforts towards energy conservation under the Government of India’s Perform, Achieve, and Trade (PAT) Scheme. The award was presented by the Hon’ble Minister of Power, New & Renewable Energy, Shri R K Singh, on the occasion of the 21st Foundation Day of the Bureau of Energy Efficiency (BEE).

PAT is a scheme implemented under the Bureau of Energy Efficiency to encourage energy-intensive industries to reduce their Specific Energy Consumption, with an associated market-based mechanism whereby companies can trade certificates earned on the basis of excess energy savings. BALCO is recognized as a Top Performer Designated Consumer for the Aluminium Sector for PAT Cycle-II, with the highest number of Energy Saving Certificates (ESCerts) under the National Mission for Enhanced Energy Efficiency (NMEEE).

Speaking about the award and BALCO’s excellent performance in PAT Cycle-II, Mr. Rajesh Kumar, CEO & Director, BALCO said, “BALCO aspires to be at the forefront of sustainable business practices and be the benchmark for the aluminium industry. Our commitment to climate action has seen us deploy the most resource and energy processes, such as adoption of clean technologies and inclusion of renewable energy in our energy mix. Receiving the Government of India’s PAT Top Performer Award is a testament to these principles of sustainability that are deeply embedded in our production processes.”

BALCO has introduced 100% graphitized cathodes in potrooms and also undertaken pot controller upgradation in its potlines, which has resulted in a significant reduction in its specific power consumption under PAT Cycle II. The company has been successful in increasing savings in its specific energy consumption from 2% to 36% during PAT Cycle II and making a significant mark on energy efficiency under the PAT scheme.

With these innovations and design modifications, BALCO has established itself as one among the most energy-efficient companies in the country, and an industry benchmark in energy efficiency. The company has bagged several energy and sustainability awards for its energy-efficient processes in recent years, which is a testimony to its continued commitment towards building a greener tomorrow.

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

chat bot
chatbot icon

BALCO Buddy