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11th April 2023

BALCO recognized for its efforts towards energy conservation under PAT scheme

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 Limited (BALCO) is India’s iconic aluminium producer. It is owned 49% by the Government of India and 51% by Vedanta Limited. BALCO is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest manufacturer of aluminium. BALCO operates a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is also a leader in value-added aluminium products that find critical applications in core industries. With its world-class smelter and power plants, the company fulfills its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

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.

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