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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 helping local communities with water infrastructure

25th August 2022
  • 150 water infrastructures dedicated to community since inception

Balconagar; 25th August 2022: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, is helping local communities get sustainable access to quality water by constructing and rejuvenating farm ponds, community ponds and farm bunds. Availability of water is a prerequisite for ensuring unhindered agricultural operations, meeting the needs of the nearby communities and maintaining the ecological balance of the surrounding ecosystem. To aid local communities with their drinking water and irrigation needs, BALCO has constructed a total of 108 water infrastructures (19 farm ponds, 2 community ponds, 81 farm bunds, 6 dug wells) in FY23 with a total storage capacity of approximately 21 million litres. Since inception, the company has developed more than 150 check dams, farm ponds, community ponds etc. in the region, with cumulative storage capacity of 85 million litres.

These water infrastructures are benefitting over 200 farmers of neighbouring villages by enabling them to harvest more than one crop in a year due to increased availability of water. Apart from helping the local community, the water structures have also contributed towards increasing soil moisture content and maintaining groundwater levels, thus positively impacting the agricultural ecosystem in the region.

Speaking about the importance of the initiative, Mr. Abhijit Pati, CEO & Director, BALCO, said, “Water is a critical shared resource, highly interconnected with our land, climate, ecosystems, as well as society, culture, and the economy. And hence, at BALCO we focus on effective management of this resource, for improving the livelihoods of the local communities and maintaining the natural ecosystem of the region. Committed to our mission of excellence in environment management, we, at BALCO, are dedicated towards transforming the societies and environment for good.”

Ashok Manjhwar, a farmer of Karumouha village, said, “The water infrastructures built by BALCO have proved to be of immense help to me and my community members. With the increased availability of water, we are now able to follow a multiple cropping system, which has improved our yield and enhanced our household incomes.”

Dr. S Shrivastava, Regional Manager of Action for Food Production (AFPRO) Raipur, added, “AFPRO has been BALCO’s partner in effective management of natural resources and its allied sector interventions for socio-economic development of the farming community and sustainable environmental management. AFPRO is grateful to BALCO for this partnership, which converted a visionary thought process and environmental consciousness into actions that uplift the society and positively impact our environment.”

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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