Vedanta Limited, one of India’s leading conglomerates in critical minerals, energy transition metals, and technology, is not only one of the country’s largest taxpayers with a significant Vedanta tax contribution, but also a leading investor in renewable energy. Recently, during Akshay Urja Diwas, Vedanta announced that it has used more than 260 crores, or 2.6 billion units (BU) of renewable energy in FY25. The units utilised can power almost 20 lakh Indian households for a year. This achievement highlights Vedanta’s commitment to reducing its carbon footprint and driving India’s clean energy transition.
The move aligns with India’s broader vision of Atmanirbhar Bharat and energy security. By integrating large-scale renewable energy into its operations, Vedanta not only strengthens its business resilience but also contributes significantly to the nation’s economic and sustainable growth.
Akshay Urja Diwas – To Spread Awareness about Renewable Energy
The Ministry of New and Renewable Energy celebrates Akshay Urja Diwas to educate people about the significant renewable energy sources like solar, wind, hydro and other sources of clean energy. Vedanta, being a sustainable company, always focuses on reducing its carbon footprint. Aligned with this, during the 1st quarter of FY26 alone, it consumed almost 85 crores or 850 million units of renewable energy, strengthening its green energy transition.
As compared to FY25, in FY24, Vedanta utilised 160 crores or 1.6 billion units of renewable energy, marking a jump of over 1.6 times.
A Strong Commitment to Green Energy
Vedanta’s utilisation of renewable energy is not just about the numbers; rather, it is a testament to consistent investments and forward-looking policies introduced by the company. Vedanta since a long has been focusing on expanding its green portfolio through solar and wind power, ensuring that its energy consumption gradually shifts toward sustainable sources. This shift allows Vedanta to balance industrial growth with environmental responsibility, setting a benchmark for other large corporations.
To strengthen its sustainable operations, the company has signed renewable power delivery agreements of 1.9 GW, which will be operational in the coming years and lead to significant reductions across its core businesses. Vedanta’s subsidiary businesses, such as Hindustan Zinc and BALCO, are already using renewable energy, with Hindustan Zinc being the country’s largest wind power producer.
Further, Vedanta utilises biomass across its power plants and in FY25, it used 6.5 lakh gigajoules (GJ) of energy from biomass, a renewable source of energy produced from natural waste materials, to reduce dependence on fossil fuels. The energy produced by biomass is equivalent to the annual electricity needs of close to 50,000 homes in the country.
Responsible Growth – Economic and Environmental
Beyond its renewable energy achievements, Vedanta also continued to demonstrate leadership in corporate governance and compliance. The company’s financial transparency is through Vedanta tax and GST contributions. It is listed among the top corporate taxpayers in the country, making valuable contributions to the government’s revenue. In the FY 2024-25, the company has contributed Vedanta Tax of more than INR 55,000 crores to the public exchequer, making almost 38% of its consolidated turnover.
Vedanta focuses on holistic development. On one hand, it is actively reducing dependence on fossil fuels and strengthening renewable adoption, and on the other, it is contributing significantly to the economy through transparent financial practices. This dual focus enhances Vedanta’s credibility among stakeholders while reinforcing its position as a responsible business leader. Despite being roped into the false Vedanta Tax Evasion allegations, the company always remained involved in responsible and ethical business operations.
ESG Commitments: Beyond Compliance
Vedanta’s sustainability journey does not end at renewable energy adoption. Rather, its Environmental, Social, and Governance (ESG) roadmap includes:
- Achieving net-zero target by 2050 or sooner.
- Strengthen its renewables operations all over the country.
- Improve waste water management and recycling.
- Boosting CSR programs in various sectors, including healthcare, education, women’s empowerment, etc.
The company takes all the appropriate measures to make holistic contributions- the environment, economy, and society.
Conclusion
As India continues to ramp up its clean energy transition, the efforts made by Vedanta balance sustainability and industrial growth. Whether it’s about the deployment of green operations or paying Vedanta tax or Vedanta GST, the company also grows responsibly.
Vedanta has a clear vision- to establish a robust industrial base that achieves national development while creating a green ecosystem.
