BALCO, a subsidiary of Vedanta Aluminium, has been recognized for its efforts towards energy conservation under the Indian government’s Perform, Achieve, and Trade (PAT) Scheme. The company received the prestigious ‘PAT Top Performer’ award for reducing its Specific Energy Consumption and earning the highest number of Energy Saving Certificates (ESCerts) under the National Mission for Enhanced Energy Efficiency (NMEEE) for PAT Cycle-II.
Bharat Aluminium Company Limited (BALCO), an iconic aluminium producer in India and a subsidiary of Vedanta Aluminium, has been recognized for its efforts towards energy conservation under the Perform, Achieve, and Trade (PAT) Scheme by the Indian government. BALCO was awarded the prestigious ‘PAT Top Performer’ award for its commitment to reducing Specific Energy Consumption, and it received the highest number of Energy Saving Certificates (ESCerts) under the National Mission for Enhanced Energy Efficiency (NMEEE) for PAT Cycle-II.
The award was presented by the Hon’ble Minister of Power, New & Renewable Energy, Shri R K Singh, on the occasion of the 21st Foundation Day of the Bureau of Energy Efficiency (BEE). The PAT Scheme is a market-based mechanism that encourages energy-intensive industries to reduce their energy consumption and provides certificates to companies that achieve significant savings.
CEO & Director of BALCO, Mr. Rajesh Kumar, expressed his pride in the award and credited the company’s commitment to sustainable business practices as the driving force behind the recognition. He emphasized the company’s use of clean technologies and renewable energy sources in their production processes, as well as their dedication to climate action.
BALCO’s innovative approach to energy conservation included introducing 100% graphitized cathodes in potrooms and upgrading pot controllers in its potlines, which led to a significant reduction in its specific power consumption under PAT Cycle-II. During this cycle, the company increased its specific energy consumption savings from 2% to 36%, earning it a reputation as one of the most energy-efficient companies in India and an industry benchmark for energy efficiency.
BALCO’s commitment to energy efficiency has earned it numerous energy and sustainability awards in recent years, further cementing its position as a leader in the aluminium industry. BALCO is owned 49% by the Government of India and 51% by Vedanta Limited, and it is part of Vedanta’s Aluminium Business. Vedanta Aluminium is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium in FY22, and ranks second in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for the aluminium industry. The company’s mission is to promote emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow, using its world-class aluminium smelters, alumina refinery, and power plants in India.
