Vedanta Jharsuguda wins the Best Exporter Award by Govt. of Odisha

5th February 2021

Bhubaneswar, Odisha; 05 February 2021: Vedanta Jharsuguda, India’s largest producer of aluminium and value-added products, has won ‘Best Exporter’ Award for the years 2017-18 & 2018-19 at the Odisha State Export Award. Organized by the Directorate of Export Promotion & Marketing (DEPM), Odisha, the awards were presented to the company in a virtual ceremony chaired by the Hon’ble Chief Minister of Odisha, Shri. Naveen Patnaik. Mr. GG Pal, Chief Operating Officer – Metal, received the awards on behalf of the company.

Vedanta’s Jharsuguda plant was awarded for being the largest exporter from the state of Odisha consecutively for two years, 2017-18 and 2018-19.

Vedanta’s aluminium smelters at Jharsuguda produce an array of top-of-the-line products such as Ingots, Billets, Wire Rods, Primary Foundry Alloy (PFA), Slab, and others, for domestic and global markets. Manufactured using state-of-the-art technology, these products are acclaimed globally for their quality and performance standards and cater to critical industries like aerospace, automotive, construction, electrification, transportation and others. The company has a strong overseas clientele and is a leading exporter of aluminium and value-added aluminium products from the country.

Speaking about the awards, Mr. CN Singh, CEO – Vedanta Ltd., Jharsuguda, said, “I thank Shri. Naveen Patnaik, Hon’ble Chief Minister of Odisha, and the Directorate of Export Promotion & Marketing for awarding us with the coveted ‘Best Exporter’ awards. Vedanta’s Aluminium Business has been a long-time partner in the state’s socio-economic progress, with significant contribution towards GDP, employment and quality of life. Our Jharsuguda smelters single-handedly produce more than one-third of India’s aluminium, strengthening the state government’s endeavours to ‘Make in Odisha’ for the country and the world. These awards will bolster our commitment to emerge as the world’s best and most sustainable producer of aluminium, transforming natural resources into tools of economic prosperity and fulfilling the needs of the country.”

Receiving the awards on behalf of the company, Mr. GG Pal, COO – Metal, Vedanta Ltd., Jharsuguda added, “It was my honour to accept the Best Exporter’s Award. At Vedanta, our efforts are dedicated towards fulfilling the state’s vision of becoming India’s most preferred destination for business.”

Vedanta is India’s largest producer of the green metal, aluminium, operating a world-class 1.6 MTPA aluminium smelter and 3615 MW thermal power generation facility in Jharsuguda, Odisha. The only Indian smelter in the global ‘1 Million Tonne’ production and export club, Vedanta Jharsuguda is a leader in value-added aluminium products that find critical applications across core industries. With one of the largest technically qualified and diverse workforces in the country, the company is working towards a sustainable and greener future for all by spurring emerging applications of aluminium, the ‘Metal of the Future’.

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, Namibia, and Australia. 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. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the 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. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, 'Company with Great Managers 2020' by People Business and certified as a Great Place to Work 2021. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please log on to www.vedantalimited.com

About Vedanta Aluminium and Power:

Vedanta Aluminium & Power, a part of Vedanta Limited, is India’s largest producer of Aluminium, producing almost half of India's Aluminium or 1.9 million tonnes per annum (MTPA) in FY20, and is also one of the largest private power producers in the country. BALCO is a part of Vedanta’s Aluminium and Power Business. Vedanta is a leader in value-added Aluminium products that find critical applications in core industries. With its world-class smelters, power plants and alumina refinery spread across 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

Disclaimer:

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.