Vedanta Aluminium Unveils Two New Products for Power Industry
11th September 2024
- As the world’s largest producer of wire rods, Vedanta Aluminium is the preferred industry partner with its wide range of high-quality, sustainable products
New Delhi, September 11, 2024: Vedanta Aluminium, India’s largest aluminium producer and the world’s largest aluminium wire rod manufacturer, introduced two high-quality products for the power and transmission industry at ‘PowerEdge 2024’. The first, the AL59 Ingot, offers superior electrical conductivity, making it ideal for remelting. The second product is the electrical conductor (EC) grade Wire Rod, designed for winding strip applications with a balance of strength, conductivity, workability, and formability. Both products are engineered for high-precision use, making them perfect for fine drawing, conforming, and enamelling in transformer and motor winding applications.
These products were showcased at PowerEdge 2024, an industry-focused event that attracted leading companies from the power and transmission sectors, sector experts and policymakers. The event also featured expert-led sessions on the future roadmap of the sector and the role of aluminium in its transformation. It served as a platform for industry players to identify new areas of collaboration.
India’s electricity demand grew by 7% in 2023, with an expected average annual growth rate of 6% through 2026. To ensure a reliable, affordable, and uninterrupted power supply, it is crucial to develop an efficient and robust infrastructure that optimally utilizes electricity from generation stations to load centers. Vedanta Aluminium’s wire rods, with their superior conductivity and design flexibility, have become crucial in the energy sector, driving efficiency and sustainability.
Speaking about the remarkable performance of the platform, John Slaven, CEO, Vedanta Aluminium, said, “PowerEdge 2024 highlighted the vital role aluminium plays in enabling the energy sector’s transformation, and our new product offerings are a testament to this vision. We reaffirm our commitment to driving efficiency and sustainability in the power industry. By leveraging our expertise, cutting-edge technology, and an in-depth understanding of our customers’ unique requirements, we aim to help them achieve greater efficiency, develop innovative product applications, and meet their sustainability goals in a highly competitive global landscape.”
Vedanta Aluminium works closely with customers across industries to cater to their specific and dynamic needs. With a production capacity of 650 kilo tonnes (KT) in wire rod production, the company offers a wide range of top-quality EC-grade wire rods, alloy wire rods, and flip coils for the electrical industry. These products are manufactured using best-in-class technologies from Southwire (USA) and Continuus-Properzi (Italy), ensuring high precision and quality. This scale and range of production make Vedanta Aluminium the largest producer of wire rods globally (ex-China). These products are supplied to customers in over 60 countries for high-end applications, attesting to their high production quality and global demand.
Additionally, the company’s Restora and Restora Ultra ranges, manufactured using renewable energy and recovered aluminium respectively, offer some of the lowest carbon footprints globally, underscoring Vedanta Aluminium’s commitment to providing sustainably produced materials to the global power and transmission industry. Vedanta Aluminium is the first to receive certification for its extensive product range as per all applicable standards set by the Bureau of Indian Standards (BIS). The company’s wide range of high-quality aluminium products is verified as sustainably produced by Environmental Product Declaration (EPD) International.
Vedanta Aluminium has consistently focused on a ‘customer-first’ approach to product innovation. The company’s Customer Technical Services team works closely with customers to develop products tailored to their specifications. At the company’s upcoming Aluminium Park in Jharsuguda, Odisha, downstream companies can set up their units to access just-in-time molten metal drawn from Vedanta’s mega aluminium smelter nearby. Additionally, Vedanta Aluminium has recently launched Vedanta Metal Bazaar, the world’s largest e-superstore for over 750 primary aluminium products, equipped with AI-based features that offer a simplified, end-to-end buying experience for customers.
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 FY2024. 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.
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.
