2025

Best Transformation Strategy

Entrant

Bharat Aluminium Company Ltd. ( BALCO ), Vedanta

Category

Human Resources - Best Transformation Strategy

Client's Name

Country / Region

India

The Vedanta Group founded in 1979, Mumbai, India, is a global, diversified natural resources company with its subsidiaries - Vedanta Limited, India and Konkola Copper Mines, Zambia. Vedanta produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium, and commercial energy. Geographically, our operations are centred in India, Zambia, Namibia, South Africa, Liberia, Ireland, and Australia with an employee strength of over 70,000 Direct & Indirect employees. Vedanta Ltd, formerly Sesa Sterlite Limited, is the Indian subsidiary of Vedanta Resources Plc.

The company was renamed Vedanta Limited in April 2015 and is listed on the Bombay Stock Exchange and National Stock Exchange in India. Our goal is to create long-term value for all our stakeholders through research, discovery, acquisition, sustainable development, and utilization of diversified natural resources. To accomplish that, we empower our people to drive excellence and innovation and demonstrate world-class standards of governance, safety, sustainability, and social responsibility. Our core values are Trust, Integrity, Excellence, Entrepreneurship, Care, Respect, and Innovation.


BALCO, established in 1965 as India’s first Public Sector Undertaking (PSU) in the aluminium sector, has played a pivotal role in the nation’s industrial growth. In 2001, the Government of India divested 51% equity to Sterlite Industries (India) Limited (now Vedanta Limited), while the remaining 49% remains with the government. Today, BALCO stands as a benchmark in aluminium production, leveraging advanced technology and a commitment to sustainable growth.

Operating from Korba, Chhattisgarh, BALCO has a smelter capacity of 345 KTPA, utilizing Prebake Technology based on the Soderberg Process. A 1740 MW captive power generation facility supports both operations and the state’s energy needs. BALCO has been a pioneer in the aluminium industry, being the first to establish an integrated aluminium production facility, the first to introduce a captive power plant, and the first to adopt +300 kA Prebake pots.

Finishing lines produce high-quality Ingots, Wire Rods, Busbars, and Rolled products. Alumina is sourced from the refinery at Lanjigarh and imports, ensuring a balanced supply chain. BALCO also pioneered the widest Hot Rolling Mill, reinforcing its industry leadership.

Credits

Bharat Aluminium Company Ltd. ( BALCO ), Vedanta
Riffat Sheikh
 
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