Deal between Vedanta Aluminium and GAIL Gas, natural gas will be supplied
Vedanta Aluminium has signed an agreement with public sector gas company GAIL (India) Ltd. This agreement is for the supply of natural gas to the company’s smelter unit located at Jharsuguda in Odisha. The country’s leading aluminium producer has signed a gas sale agreement with GAIL Gas Ltd., a subsidiary of GAIL (India) Ltd. Vedanta Aluminium said in a statement on Wednesday that this change in natural gas is likely to start by the end of next year. This is expected to reduce carbon emissions by about 47,292 tonnes annually.
Target of zero carbon emissions by 2050
According to the statement, Vedanta is committed to achieving net zero carbon emissions by 2050 by implementing a dual strategy. This dual strategy includes increasing the use of renewable energy and creating a ‘carbon sink’ i.e. absorbing carbon through afforestation efforts. Vedanta’s non-executive director and Hindustan Zinc Ltd. Chairperson Priya Agarwal Hebbar said, “Our partnership with GAIL Gas Ltd. is a testament to our commitment to reduce carbon emissions and adopt clean energy solutions.”
7.5 km long pipeline will be installed
GAIL Gas Limited will install a 7.5 km long pipeline to supply about 32,000 standard cubic meters of natural gas per day. Its contract period will be five years when the pipeline is operational. Vedanta Aluminum produced 23.7 lakh tonnes of aluminum in FY 2023-24.
