Vedanta Aluminium appoints Ravi Paliwal as CEO, Ash Management

Published: Aug 7, 2024 10:45
Vedanta Aluminium, India's largest aluminium producer, announced the appointment of Ravi Paliwal as CEO of Ash Management.

Vedanta Aluminium, India's largest aluminium producer, announced the appointment of Ravi Paliwal as CEO of Ash Management. Ravi will oversee ash management operations, focusing on leveraging technology and processes to enhance resource efficiency and explore new avenues for utilising the voluminous by-product of thermal power generation, promoting circular economy avenues. Besides Vedanta Aluminium, Ravi will be responsible for ash management operations of Vedanta's power business (which includes Talwandi Sabo Power Plant, Meenakshi Energy, and Athena) and Hindustan Zinc Limited.

Ravi, a seasoned industry professional with more than 27 years of diverse experience, will bring extensive expertise to Vedanta Aluminium's operations. Before joining Vedanta, he served as the Senior Vice President of Contract, Commercials, and Materials at Bajaj Energy. Before this, he held senior managerial positions at JSW Energy and Nabha Power (Larsen & Toubro). He excels in purchase functions, supply chain management, vendor development, and service contracts.

Sharing his views on the appointment, John Slaven, CEO of Vedanta Aluminium, said, "We welcome Ravi Paliwal onboard as CEO of Ash Management. His rich experience and insights will be key to driving greater excellence in our ash management initiatives. This effort aligns seamlessly with our broader sustainability agenda, which includes developing suitable avenues to generate value from by-products such as fly ash while also moving towards a 30 per cent renewable energy mix by 2030."

On his appointment, Ravi Paliwal, CEO of Ash Management, Vedanta Aluminium, said, "I am excited to lead ash management for Vedanta and look forward to contributing to Vedanta Aluminium's vision of promoting a circular economy and driving sustainability in our operations by exploring new avenues for ash utilisation."

Vedanta Aluminium operates India's largest portfolio of captive power plants, making effective ash management crucial as ash is a primary by-product of thermal power generation. The company is focused on enhancing resource utilisation and exploring innovative applications for ash. For instance, fly ash has significant uses in the cement industry and is commonly used in brick-making and road-laying applications. Vedanta Aluminium has also established partnerships to supply fly ash to leading cement manufacturers to produce low-carbon cement. It is actively seeking other ways to promote a circular economy agenda.

Recognised as the world's most sustainable aluminium producer by the S&P Global Corporate Sustainability Assessment (CSA) 2023, Vedanta Aluminium is deliberately and progressively advancing towards its Net Zero target by 2050 (or sooner). This is done by reducing and offsetting carbon footprint, notably by increasing the quantum of renewables in the energy mix, enhancing manufacturing excellence to ensure higher operational efficiencies, and transitioning to low-carbon energy sources such as biofuels.

Source: https://www.alcircle.com/press-release/vedanta-aluminium-appoints-ravi-paliwal-as-ceo-ash-management-111637

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 to learn 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
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
4 hours ago
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
4 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
4 hours ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
4 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
4 hours ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
4 hours ago