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.

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Vedanta Invests $1 Billion in Net-Zero, Eyes 2.5 GW Renewables by 2030 - Shanghai Metals Market (SMM)