Vedanta Invests $1 Billion in Net-Zero, Eyes 2.5 GW Renewables by 2030

Vedanta is expanding its clean-energy portfolio, with nearly 2,000 MW of renewable capacity already installed or contracted and plans to reach 2.5 GW of round-the-clock capacity by 2030.

Vedanta Ltd. has invested more than $1 billion in net-zero initiatives over the past five years. The metals and mining group said that it is expanding its use of renewable energy and adopting measures to reduce emissions.

Vedanta Ltd, a diversified Indian natural resources company with operations across aluminium, zinc, copper, iron ore and steel, announced this on August 19, 2026, ahead of Akshay Urja Diwas, observed in India on August 20 to promote renewable energy and clean-energy technologies.

The company said its renewable energy utilisation rose 52% year on year to 4 billion units in FY2025-26. This is equivalent to the annual electricity consumption of around 30 million Indian households.

Vedanta currently has nearly 2,000 MW of installed and contracted renewable energy capacity, and it plans to increase this to 2.5 GW of round-the-clock renewable energy capacity by 2030.

The company said its decarbonisation initiatives have helped avoid around 36 million tonnes of CO₂ equivalent emissions since FY2021. Emissions intensity across its metals and mining operations has also declined by about 14% from the FY2020-21 baseline.

Vedanta’s latest quarterly production also highlights the scale of its metals operations. In Q1 FY27, Zinc India produced 268,000 tonnes of mined metal, while refined zinc production rose 4% year on year to 260,000 tonnes. Copper India’s sales increased 3% year on year to 53,000 tonnes, while Vedanta Aluminium produced around 600,000 tonnes of aluminium during the quarter.

The company said that it has also developed lower-carbon metal products. These include Restora and Restora Ultra aluminium and EcoZen zinc. It added that customers using EcoZen avoided around 8,268 tonnes of CO₂e emissions in FY2025-26.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
10 hours ago
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
Read More
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
China's Beer Production Dips 1.6% YoY in Jan-Jul, Pressuring Aluminum Packaging Demand
According to data released by the National Bureau of Statistics (NBS) on August 19, beer production by China's enterprises above designated size from January to July totaled 22.767 million kiloliters, down 1.6% YoY. From the overall H1 performance, total beer production by China's enterprises above designated size in H1 2026 only edged up 0.2% YoY, with June's monthly production pulling back YoY, keeping the industry's production under pressure. Consequently, demand for aluminum cans and aluminum foil for packaging was also somewhat constrained.
10 hours ago
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
10 hours ago
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
Read More
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
Air Conditioner Production Slumps in August 2026, Impacting Aluminum Foil Demand
According to data from ChinaIOL, the production schedule for household air conditioners in August 2026 was 10.73 million units, down 16.7% compared to the same period last year, with the decline widening MoM. In contrast, the production schedules for refrigerators and washing machines were relatively stable, at 8.77 million and 8.83 million units, respectively, representing slight increases of 0.7% and 2.3% compared to the same period last year. As a key downstream application field of aluminum foil, the demand for air-conditioner foil was significantly impacted by the ongoing decline in air conditioner production schedules.
10 hours ago
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
10 hours ago
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
Read More
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
China Passenger Car Sales Up 8.1% in August, New Energy Vehicles Reach 1.04M Units
According to preliminary data released by the China Passenger Car Association on August 21, retail sales of passenger cars in August were about 1.58 million units, up 8.1% MoM; new energy vehicle retail sales are expected to reach 1.04 million units, with the penetration rate expected to be between 65.1% and 65.8%.
10 hours ago