Mining major Vedanta announced on Wednesday that it invested more than $1 billion in net-zero transition initiatives during FY26, according to reports from Business Standard. The company's decarbonisation efforts were driven by renewable energy, lower-carbon fuels, energy efficiency and technology-led interventions as part of its comprehensive sustainability strategy.
As part of this transition, Vedanta's renewable energy utilisation increased by 52 per cent year-on-year to 4 billion units (400 crore units) in 2025-26, as reported by Business Standard. This represents the annual electricity consumption equivalent to around 3 crore Indian households. The company now has nearly 2,000 MW of installed and contracted renewable energy capacity and is targeting 2.5 GW round-the-clock renewable energy capacity by 2030.
These initiatives, alongside other decarbonisation interventions, helped avoid approximately 3 million tonnes of carbon dioxide equivalent emissions in 2025-26, according to Business Standard. Additionally, greenhouse gas emissions intensity across the group's metals and mining production declined by approximately 14 per cent from the 2020-21 baseline. This demonstrates the company's significant progress in reducing its environmental footprint through systematic decarbonisation efforts.
India has established an ambitious target of 500 GW of non-fossil fuel-based power capacity by 2030, alongside its broader ambition of meeting 50 per cent of its energy requirements from renewable sources and achieving net-zero emissions by 2070, as reported by Business Standard. This expansion will require significant investments in renewable generation, transmission, power grids, storage and electrification, which is expected to drive long-term demand for the metals and minerals that underpin this infrastructure development.
