Vedanta Limited has become the highest aluminium producer in India in FY2019, the data showed after the publication of its production results for the year ended 31st March 2019. Vedanta’s aluminium production stood at 1,959,000 tonnes in FY2019, an increase of 17% year-on-year from 1,675, 000 tonnes in FY2018. It was mostly driven by stabilized production increase after the complete ramp up of Jharsuguda smelters.
{alcircleadd}This has placed Vedanta as the largest aluminium producer in India as the company contributed about 53% of the total aluminium production of about 3.68 million tonnes of aluminium in FY2019. While Nalco produced 440,000 tonnes of aluminium Hindalco is expected to produce about 1.29 million tonnes of aluminium in FY2019.
Production from Jharsuguda-I stood at 545,000 tonnes in FY2019. Jharsuguda-II recorded a production of 843,000 tonnes in FY2019.
Vedanta’s Lanjigarh refinery produced 1,501,000 tonnes of alumina in FY2019, up 24% year-on-year from 1,209,000 tonnes in FY2018 due to plant debottlenecking supporting its alumina needs to a certain extent.
“Improved captive alumina production and locally sourced bauxite are key to drive our aluminium costs lower. The peak run rate at Lanjigarh Refinery during the year was 1.8 Mtpa,” the company statement said.
While boosting its production YoY, Vedanta is also committed to different socio-economic initiatives and has undertaken works to promote sustainable development focusing on developing modern health amenities, educational facilities for children and skill development programmes for adults around its community.
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