Akshay Urja Diwas: Vedanta utilizes more than 260 crore units of renewable energy, utilization increases by 100 crore units
On
Akshay Urja Diwas, Vedanta Limited, India’s leading critical minerals,
transition metals, energy, and technology conglomerate, announced that it has
utilized over 260 crores or 2.6 billion
units (BU) of renewable energy in
FY25, enough to power nearly 20 lakh
Indian households for an entire year. In FY24, the utilization stood at 160
crores or 1.6 billion units marking a jump
of over 1.6 times in renewable energy consumption. Akshay Urja Diwas is
celebrated by the Ministry of New and Renewable energy to raise awareness about
the importance of renewable energy such as solar, wind, hydro and other sources
of clean energy. In the first quarter of FY26 alone, the company consumed close
to 85 crores or 850 million units of renewable energy, signaling the
accelerated pace of its green energy transition.
To
further expand its renewable footprint, Vedanta has renewable energy power
delivery agreements of 1.9 GW of installed capacity in place, which will
operationalize in the coming few years. This capacity is expected to enable
significant emission reductions across its core businesses. Vedanta’s
subsidiary businesses such as Hindustan Zinc Limited and BALCO (Bharat
Aluminium Company Limited) have already started receiving renewable energy for
operations while other plants across India will receive it soon. The company’s
subsidiary Hindustan Zinc produces renewable energy and is one of the country’s
largest wind energy producers with a capacity of 273.5 MW across 5 states.
Vedanta
also utilizes biomass across its power plants and in FY25 the company used 6.5
lakh gigajoules (GJ) of energy from biomass. Biomass is a renewable source of
energy produced from natural waste materials that reduces dependence on fossil
fuel and brings down carbon emissions. This is roughly equivalent to the annual
electricity needs of nearly 50,000 homes across India. While, Talwandi Sabo
Power Limited (TSPL), a Vedanta Power company and North India’s largest private
thermal power producer, has enabled the establishment of Punjab’s biggest
torrefied bio-pellets manufacturing facility, near its 1,980 MW plant in Mansa.
Vedanta’s
own decarbonization strategy works on the four levers of – renewable energy
scaleup, switching to low-carbon fuels, energy and process efficiency, and
carbon offsets. By utilizing renewable energy, the company has produced India’s
first low carbon ‘green’ aluminium – Restora & Restora Ultra and Asia’s
first low carbon ‘green’ zinc – EcoZen. This is part of the company’s broader
product diversification strategy which caters to the needs of environmentally
conscious customers who are discerning about the origin of the raw materials
they use and aim to decarbonize their supply chain.
Vedanta
earlier announced that it has mitigated 28 million tonnes of carbon emissions
in the past three years, reinforcing its role in India’s clean energy
transition. This is roughly equivalent to the carbon dioxide absorbed by more
than 1 billion trees annually. The company has been rewarded with the
prestigious (B) rating by the Carbon Disclosure Project (CDP) for its excellent
efforts in water security and climate change, demonstrating its strong
commitment to sustainability. In addition, the company’s aluminium and zinc
product portfolios are Environmental Product Declaration (EPD) verified,
thereby offering transparent data on environmental footprint.
Vedanta
Limited is a global leader in critical minerals, energy and technology
operating a diverse portfolio of world-class assets. It is the world's largest
integrated producer of zinc, the fourth-largest global producer of silver,
amongst the world's top aluminium producers, India's only private oil and gas
producer, and one of its largest private power producers. With an eye on the
future, the company is strategically expanding its business portfolio by
venturing into rare earths, other critical minerals, and renewable energy.