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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 distributes sports kits in community, commits to nurturing grassroots sports

6th May 2023

Balconagar, Korba; 6th May 2023: Bharat Aluminium Company Limited (BALCO), a leading producer of aluminium in India and a subsidiary of Vedanta Aluminium, has taken another significant step towards promoting sports at the grassroots level by distributing sports kits to local youth on World Athletics Day. This initiative aims to inspire the love for sports among the younger generation and foster a culture of sportsmanship in the community.

The kits included equipment for different sports like Badminton, Hockey, Cricket, Football, Basketball, and Volleyball. These sports kits were handed over to ward councilors in 10 wards to lend to children and youth from their communities, so they have proper equipment to play with and to make sports a regular part of their everyday lives. Over 20 communities benefitted from the distribution of the sports kits distribution, especially those who lack access to proper sports equipment.

Talking about the initiative, Mr. Rajesh Kumar, CEO & Director, BALCO said, “Sports bring improvement in the quality of life and social environment of individuals at the grassroots. It elevates self-esteem in young and sporting talent. Encouraging sports at the grassroots can unleash the potential in young minds and give them platforms to portray their talents crucial to their growth. We are committed to creating a favourable environment for sports at grassroots that inspires generations of young athletes who could be a catalyst for positive change in communities.”

Appreciating the initiative, Kriparam Sahu, Councilor of Ward No. 40 said, “BALCO has made unwavering efforts in meeting the needs of the local communities. Through their health, education, and livelihood programs, they are striving to foster holistic growth and development of their communities. Their latest intervention of distributing sports equipment in communities is commendable as it will encourage physical activity and sports, leading to a healthier community. I express my gratitude to BALCO for its unwavering support through their CSR initiatives.”

BALCO has always taken an active role in promoting sportsmanship and fitness among youth and communities. The company has organized several tournaments in the past, including cricket and volleyball events, and encouraged young people to take up sports and develop a passion for them. These tournaments were highly appreciated by the communities and employees who had actively participated in them. Additionally, BALCO manages the B R Ambedkar Stadium in Balconagar, which is a beloved destination for youth and children, who use it for sports, including cricket, volleyball, basketball, hockey, kabaddi, taekwondo, and more. A hub for physical activity and healthy competition, the stadium provides a platform for young people to develop their athletic abilities.

About BALCO:

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., 2.42 million tonnes in FY25. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 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.

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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