With energy transition we see strong growth in power and transmission sector: Vedanta Aluminium CEO

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John Slaven, chief executive officer, Vedanta Aluminium, sees strong growth in aluminium and aluminium product demand from power and transmission sector with India’s focus on energy transition. In the automotive sector, he expects transition to EVs to fuel the demand.

With an annual capacity of producing over 2.3 million metric tonnes of aluminium, Vedanta Aluminium is India’s largest primary aluminium producer. Its products find application across buildings and construction, consumer goods, packaging and electrical product sectors.

Vedanta Aluminium targets net zero by 2050 and aims to derive 30% of its total power consumption from renewables by 2030.

The company recently introduced two new products for the power sector, the AL59 ingot and the electrical conductor (EC) grade wire rod. It says both these products are engineered for high precision use, making them ideal for fine drawing, conforming, and enamelling in transformer and motor winding applications.

Vedanta Aluminium said its AL59 ingot offers superior electrical conductivity, making it ideal for remelting. The electrical conductor (EC) grade wire rod is designed for winding strip applications with a balance of strength, conductivity, workability, and formability.

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 said its wire rods, with their superior conductivity and design flexibility, are designed to drive efficiency and sustainability in the energy sector.

Additionally, the company’s Restora and Restora Ultra ranges, manufactured using renewable energy and recovered aluminium respectively, are said to offer some of the lowest carbon footprints globally. The company’s wide range of aluminium products is verified as sustainably produced by Environmental Product Declaration (EPD) International.

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