VEDANTA RESOURCES Earns plaudit for third consecutive year for efficient energy management, sustainable operations
New Delhi, 18 December, 2015: Vedanta Limited, India's only diversified natural resources company has won the 'National Energy Conservation Awards-2015'. The company's aluminium smelter plant at Jharsuguda has bagged the second position for superior energy management.The award was conferred by the MoS (IC) for Power, Coal and New & Renewable Energy, Mr. Piyush Goyal at Vigyan Bhavan on December 14, 2015 to celebrate the National Energy Conservation Day. The Government of India has conferred this award for the third consecutive year to Vedanta, which exhibits the company's commitment towards sustainability and environmental conservation. Efficient management of available energy resources has been one of the major thrust areas of Vedanta's operations across the world.
Speaking on the occasion, Mr Abhijit Pati, CEO, Aluminium Business, Vedanta said, "We are honoured to receive this prestigious award for the third consecutive time because it recognizes our commitment and sustained effort towards energy conservation. I congratulate everyone in my team for this recognition as it is made possible through continuous team work, utilization of business excellence tools and innovation projects in different sphere of our operation to emerge as one of the national leaders in energy conservation."
Vedanta has undertaken numerous energy conservation initiatives through well-defined energy policy and setting stringent energy targets for improving energy performance and achieving benchmark energy efficiency.
The company has reduced its specific energy consumption by 30 units in 2014-15 as compared to 2013-14 by implementing 39 nos. of energy saving projects in different areas generating a cumulative saving of INR 1,634 lakhs. Vedanta has also adopted best in class
practices and Energy Management Systems which include ISO: 50001 in the field of energy conservation.
The Ministry of Power presents these awards each year to companies creating benchmarks in energy conservation. The Bureau of Energy Efficiency (BEE) evaluates the energy consumption data and shortlists companies. These shortlisted organizations are audited by Ministry of Power, Government of India. Based on their recommendations, the energy conservation award is decided.
About Vedanta Limited (Formerly Sesa Sterlite Ltd.)Vedanta Limited (Vedanta Ltd) is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil & gas. The Company produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka.
Vedanta Ltd, formerly Sesa Sterlite Ltd. is the Indian subsidiary of Vedanta Resources Plc, a London-listed company. Governance and Sustainable Development are at the core of Vedanta's strategy, with a strong focus on health, safety and environment and on enhancing the lives of local communities. Vedanta Ltd is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
President - Group Sustainability, CSR and Communications
Tel: +91 22 6646 1000
gc@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 that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
Vedanta Resources plc issued this content on 2015-12-18 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-18 10:09:25 UTC
Original Document: http://www.vedantaresources.com/media/182160/vedanta_limited_wins_national_energy_conservation_award-2015_dec_18.pdf
