Vedanta Aluminium signs pact with GAIL for supply of natural gas
This transition to natural gas, likely to be operational by the end of next year, will lower the carbon footprint, and reduce emissions by an estimated 47,292 tonnes of CO2 equivalent annually, Vedanta Aluminium said in a statement.
Vedanta Aluminium signs pact with GAIL for supply of natural gas
Vedanta Aluminium has entered into an agreement with state-owned Maharatna PSU, GAIL (India) Ltd for natural gas supply to its smelter at Jharsuguda in Odisha. The country's leading aluminum producer has entered into a gas sales agreement with GAIL Gas Ltd, a subsidiary of GAIL (India) Ltd.
This transition to natural gas, likely to be operational by the end of next year, will lower the carbon footprint, and reduce emissions by an estimated 47,292 tonnes of CO2 equivalent annually, Vedanta Aluminium said in a statement.
Vedanta is committed to achieving net zero emissions by 2050, by implementing a dual strategy that includes increasing renewable energy usage while also creating carbon sinks through afforestation efforts, it said.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
"Our partnership with GAIL Gas Ltd is a testament to our commitment to reducing carbon emissions and embracing cleaner energy solutions," Priya Agarwal Hebbar, Non-executive Director at Vedanta and Chairperson of Hindustan Zinc Ltd, said.
GAIL Gas Ltd will set up a 7.5-km pipeline to supply approximately 32,000 standard cubic meters of natural gas per day, with a five-year contract term starting upon pipeline commissioning.
This cleaner energy alternative is expected to help Vedanta Aluminium's commitment to a clean energy transition across its operations. "This agreement is in line with our efforts to reduce carbon emissions and enhance our production capabilities, contributing to India's growing demand for aluminum in critical sectors," Sunil Gupta, Chief Operating Officer, of Vedanta Aluminium said.