Vedanta Invites Bids

The bids are invited from players to supply hybrid renewable power for Vedant’s manufacturing facilities in Rajasthan, Chhattisgarh, and Odisha

In a bid to scale up its green energy sourcing, Vedanta group on Thursday invited expression of interests (EoIs) for 500 megawatts (MW) of renewable energy. The bids are invited from players to supply hybrid renewable power for Vedanta’s manufacturing facilities in Rajasthan, Chhattisgarh, and Odisha.

“This move furthers our journey towards becoming the ESG (environmental, social, and governance) leader in the natural resources sector. It is a crucial step in achieving our 2.5 GW of renewable power by 2030. We are looking forward to collaborating with the best in the industry as we march ahead on our decarbonisation goals,” said Sunil Duggal, Vedanta’s chief safety officer and group chief executive.

Vedanta has committed USD 5 billion over the next ten years to accelerate the transition to net-zero operation. It had previously secured 580-megawatt RTC renewable energy through Serentica Renewables.