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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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Vedanta BALCO’s energy conservation initiatives help save 22,000 GJ in FY22

12th July 2022

Balconagar, Korba; 12th July, 2022: The Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, has conserved more than 22,000 giga joules of energy in FY22. The company is taking strong strides to decarbonize its operations in line with the company’s commitment to reduce carbon emissions to zero by 2050 or sooner. With the objective of conserving energy, in FY22, BALCO reduced

  • Specific Heavy Fuel Oil (HFO) consumption at its cast houses by 10%
  • Specific power consumption (energy used for producing a unit of product) by 15%
  • Scrap generation in Ingot Casting Machine by 20% and in Wire Rod Mill by 31%, thereby reducing energy used in re-melting, which is energy intensive

Further, the company is greenifying its fuel mix for thermal power generation with biomass briquettes, which has potential for decreasing its GHG emissions by 0.43 million tonnes of CO2 equivalent annually. Over the years, BALCO has been proactively working for environmental protection and energy conservation, which has today resulted in BALCO’s current efficiency as per the global benchmark and lowest total DC & AC power consumption in potline among the peers in Aluminium sector in India.

Speaking about BALCO’s commitment towards decarbonizing its operations in the long term, Mr. Abhijit Pati, CEO & Director, BALCO, said, “Our aluminium smelter is among the most energy efficient plants in India and we are determined to further push the benchmarks of energy efficiency to lower our carbon footprint. In our commitment towards sustainable business development, attaining highest standards of energy conservation is a critical first step, which we are realizing through deployment of cutting-edge technology, innovative solutions and judicious utilization of resources. Through such practices we aim to achieve the larger goal of creating a sustainable future for the generations to come and contribute to the expeditious development of the region and nation at large.”

Elaborating further, Vrajeshwari LLP’s employee Priyabrat Sinha, who is engaged as Site In-charge of BALCO’s Cast House said, “As an organization that is committed towards environmental sustainability, we work with the BALCO team to improve existing processes and innovate ways to reduce energy consumption, fuel consumption, and optimize energy-intensive processes. Successful implementation of energy conservation aligned endeavors, act as an impetus towards further advancing such measures.”

BALCO has received numerous prestigious awards for its dedicated efforts aligned towards energy and environment conservation. For the year 2022, BALCO has won the IMC award for benchmark performance achieved by its Potline 1 amongst Indian and Gulf smelters, under parameters like current efficiency and power consumption through implementation of best operational practices. BALCO has also been conferred with the prestigious ‘Kalinga Environment Excellence award’ in the five star category’ which recognizes the contributions made by organizations covered under various Acts & Rules of Ministry of Environment, Forest & Climate Change, Govt. of India, Pollution Control Board and State Environment Impact Assessment Authority.

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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