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Vedanta Aluminium purchases 354 million units of renewable energy from IEX

Bulk of procurement is from Green Term-Ahead Market, which was introduced last year by IEX and supports buyers in procuring green energy in a competitive and flexible manner

Topics
Vedanta  | renewable enrgy | IEX

Aditi Divekar  |  Mumbai 



Nalco rides on London Metal Exchange gains, sees room for more price hikes
Vedanta Aluminium’s purchase of green power units is more than 35 percent of the green power traded on IEX in Q1 FY22, said the company in its release today. (Representative Image)

Aluminium today said it procured 354 million units of solar and non-solar renewable energy primarily from Green Term-Ahead Market (GTAM) at for its aluminium production facility at Jharsuguda, in Odisha.

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First Published: Mon, August 02 2021. 22:55 IST

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