580 MW Renewable Energy To Be Sourced By Vedanta
Globally diversified natural resources company, Vedanta Limited has signed a Power Delivery Agreement (PDA) with special purpose vehicles (SPVs) that is affiliates of Sterlite Power Technologies (SPTPL) to source 580 MW of Renewable Energy.
The firm aims to partially replace existing captive thermal power capacities with Renewable Energy for smelting and associated operations, and meet power requirements of capacity expansion at Vedanta Aluminium – Jharsuguda, Balco, and Hindustan Zinc.
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