Mining giant Vedanta announced on Wednesday that it will allocate over a billion dollars during the 2026 fiscal year to implement projects aimed at achieving zero emissions. These decarbonization efforts are supported by the use of renewable energy, the application of low-carbon fuels, improved energy efficiency, and the implementation of technological solutions.
As part of this transition, the group's use of renewable energy increased by 52% compared to the previous year, reaching 4 billion units in 2025–2026. This volume is equivalent to the annual electricity consumption of approximately 30 million Indian households.
Vedanta currently has installed and contracted renewable energy capacity approaching 2000 MW and aims to achieve 2.5 GW of 24/7 operational renewable energy capacity by 2030.
The company stated in its announcement that these initiatives, along with other decarbonization measures, helped avoid carbon dioxide equivalent emissions of about 3 million tons in 2025–2026. Furthermore, the greenhouse gas emission intensity in the group's metal production and mining decreased by approximately 14% compared to the 2020–2021 baseline.
India has set an ambitious goal of creating 500 GW of non-fossil fuel capacity by 2030. The country also aims to meet 50% of its energy needs from renewable sources and achieve net-zero emissions by 2070. This expansion will require significant capital investment in renewable energy generation, transmission, grid, storage, and electrification, which will stimulate long-term demand for the metals and minerals underpinning this infrastructure.