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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 taking strong strides to adopt high end technology across business functions

10th May 2022

Balconagar; 10th May, 2022: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer, is undertaking strong measures to leverage technology to its maximum and to foster digitalization in its maximum verticals in line with its top most agenda of meeting the ultimate goal of contributing to the development of nation holistically.

Speaking on BALCO’s vision and manufacturing prowess Mr. Abhijit Pati, CEO and Director, BALCO, said, “The safety and security of our people and assets are of paramount importance to us. BALCO has been one of the early adopters in India to explore the field of smart technologies in its operational set-up. These investments and skills further bolster the culture of safety and productivity that we have meticulously fostered across the organization. The technology driven endeavors are helping to create a future-ready organization that can sustain production in all times to come for a self-reliant India.”

To leverage technology for bolstering safety across business units, Suraksha Sankalp Kutumbh an umbrella project for digital transformation of safety, has been launched. The project entails five modules namely Augmented/Virtual/Mixed Reality Training Centre, Video Analytics, Sustainability Mobile App, E-learning course on Safety Modules for Competency Building, and Digitalization of Workforce Connectivity, aimed at skill development, auto detection of unsafe acts and conditions, driving digital safety culture & safety interactions, work force safety, productivity improvement and tracking of red zones.

To bolster its security system, BALCO has launched an automated and highly sophisticated Centralised Security Operations Centre (CSOC). Deployment of CSOC enables BALCO’s Security, Traffic Safety and Supply Chain Security functions to leverage digital intelligence and data insights for better and agile decision making.

For integrating smart automation in its plant operations and to cease any manual intervention, BALCO has set up end to end Digital Dashboards for real-time data and trend monitoring of various business operations through different projects such as ‘Hot Spot Detection System for Coal Yard Using Thermal Image Processing’ which offers thermal inspection of Coal Yard to capture hot spot and real time alarm for spontaneous combustion occurring in Coal Yard Piles. Another project for “Boiler Tube Leakage Prediction Using AI/ML Pulse Edge” offers a more reliable and evidential method of prediction analysis of Boiler Thermal Profile, to detect and give warning in advance about leakages.

Similarly, V-Aikyam  – a benchmark digital initiative has been conceptualized with technology partner Darwin Box to build next generation workspace focused on streamlining our HR processes through digital transformation that has the entire employee life cycle in a single platform.

BALCO is committed to undertake initiatives continually with the goal of contributing towards building a technology driven India.

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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