Vedanta to Balance Coal and Renewables in Energy Transition Strategy
Vedanta to Cut Coal Dependence to 50–60% While Expanding Renewables in Mining Operations Vedanta Resources will continue to rely on coal as the backbone of its energy supply while steadily increasing the share of renewables across its mining operations, CEO Deshnee Naidoo said on Tuesday at the FT Live Energy Transition Summit India. Currently, coal accounts for nearly 70% of Vedanta’s energy mix. “Coal will be, for us in Vedanta, the baseload contributor,” Naidoo said. However, the company plans to reduce coal dependence to 50–60% over the next three to…
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