Adding to its suite of green technologies, BALCO has also deployed electric lithium-ion forklifts in its operations. These forklifts have improved efficiency while significantly reducing carbon emissions and fuel consumptions, aligning with the company’s vision of decarbonizing 100% of its Light Motor Vehicle (LMV) fleet by 2030. Additionally, for mobility inside the plant, BALCO is steadily transitioning core processes towards low-emission alternatives.
BALCO also encourages its employees to use EVs, supporting the purchase of electric vehicles at subsidized rates. Sensitizing people with its green energy practices, workshops, and plantation drives BALCO is steadily working towards building greener communities.
Furthering its resolve towards efficient waste management, the company has implemented the Solid and Liquid Resource Management (SRLM) model, which emphasizes on the segregation of waste at the source. The system ensures separate collection of bio-degradable, non-biodegradable and sanitary waste utilizing color-coded bins to streamline the disposal process. Focusing on the cleanliness and sustainability, BALCO is building a greener and heathier township for all. With developments like the Nehru Garden showcasing the native flora, Balconagar is a hub for green recreational spaces.
BALCO’s efforts in sustainability have been acknowledged across multiple national forums such as the ‘Future Ready Factory of the Year’ award by IMEA, and a National Energy Leader award by CII at the Energy Excellence Summit. BALCO is continuously working towards embedding sustainable practices in every layer of its operations.
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
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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
