Vedanta Aluminium observes 74th Republic Day at its Odisha operations
27th January 2023
Jharsuguda, Odisha; 27th January, 2023: Vedanta Aluminium, India’s largest producer of aluminium, celebrated India’s 74th Republic Day with great patriotic fervour, along with its employees, partners, and community members at its operations in Jharsuguda. The highlights of the event included a flag hoisting ceremony, a tableau showcasing the culture and history of India along with various themes of applications such as aluminium, renewable energy, etc., and a ceremonial parade by the company’s security team, followed by inspection of the Guard of Honour by Mr. Sunil Gupta, CEO – Vedanta Limited, Jharsuguda.
The company extended its celebrations to the wider community in Jharsuguda, with various flag-hoisting ceremonies with local community members from the surrounding villages of Brundamal, Maa Samleshwari Nagar, Bhagipali, Burkhamunda, Katikela, Kurebaga, Sunarimunda, Banjari and Dalki, including local representatives, women leaders and Self-Help Group (SHG) members from the community. Over 20 school students from Sambalpur were also part of the celebrations.
Vedanta Aluminium’s Mines division celebrated the spirit of patriotism with school students from Jamkhani, Ghogarpali, Girisima, Jharpalam, Munderkhet, Luabahal, Garjanjore, Rengalpani, Bhograkachar and Mendra villages. Commemorating the occasion, students conducted march-pasts followed by flag hoisting ceremonies in the presence of the village residents. The auspicious occasion of Basant Panchami was also celebrated with the community. The event ended with everyone singing the National Anthem in unison. Republic Day celebrations also took place at the Vedanta’s Jharpalam Barrack in Hemgir district, in the presence of Mr. Vivek Uplanchiwar, COO- Jamkhani Coal Mines and other senior officials of the company.
Addressing the employees and business partners at the ceremony, Mr. Sunil Gupta, CEO – Vedanta Ltd., Jharsuguda said, “As custodians of one of the world’s largest aluminium smelters, we at Vedanta Aluminium have an important role in nation building and contributing to the growth of the nation. The aluminium industry plays a vital role in building the future of India. On this day, we reiterate our mission to fuel the country’s endeavours to become self-reliant, by achieving ‘Aatmanirbharta in Aluminium’, as we strive to make India the ‘Aluminium Capital of the World’ and establish our great nation as a manufacturing powerhouse.”
Speaking on the occasion, Mr. V Srikanth, CEO – Mines (Vedanta Aluminium) said, “With our business and social development endeavours, we are not only ensuring that the wheels of the economy keep turning but also accelerating the socio-economic development of our communities in remote areas of the country. Going forward, we will continue to work towards bringing about a sustainable transformation in the quality of life of our community members and unlocking new growth opportunities for our youth”
Besides supplying high-quality aluminium products to core industries in India, Vedanta Aluminium has created a multiplier effect through employment opportunities, social interventions, thriving residential clusters and local business communities around the plant operations in Jharsuguda. The creation of much-needed infrastructure have catalysed significant development in these regions, bringing them to the socio-economic forefront. The role of the company in bringing remote areas of Jharsuguda to the socio-economic mainstream is widely recognised. The company has triggered an exponential GDP growth of Jharsuguda at the rate of 15% between 2003 to 2015. In addition, it has reduced Odisha’s power deficit by 10%, by supplying about 20 billion units of electricity at a time when the country was suffering from acute power shortage.
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.27 million tonnes in FY22. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
About Vedanta Limited:
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa and Namibia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, Nand Ghars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies have been featured in Dow Jones Sustainability Index, and was conferred Frost & Sullivan Sustainability Awards 2020, Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.
For more information, please visit www.vedantalimited.com
About Vedanta Aluminium Business:
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
For more information, please log on to www.vedantaaluminium.com
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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 than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
