• June 5, 2023

PRESS RELEASE / 05 June 2023

The pilot project will be used as a case study, based on which the companies will further look into feasible options to collaborate for achieving their ESG goals

Vedanta Iron Ore Karnataka (IOK) and Volvo CE India have signed an MoU to deploy sustainable power solutions such as zero-emission electric off-road machines, at the former’s mines in Chitradurga on a trial basis.

Vedanta IOK has deployed Volvo’s recently launched EC55 all-electric excavator and its subsidiary SDLG’s L956H electric wheel loader for its iron ore mining operations.

The pilot project will be used as a case study. Based on this, the companies will explore collaborative options for achieving their ESG goals through deployment of zero-emission machinery at their operations.

M. Krishna Reddy, COO, Mining, Sesa Goa, Vedanta, said, “At Vedanta, we continue to be a frontrunner in adopting sustainable mining technologies. Our ESG focus is aligned with the goal to achieve net-zero carbon by 2050 or sooner.”

Dimitrov Krishnan, Head, Volvo CE India, added, “This is just the beginning. With our highly advanced zero-emission site-level solutions, the blue sky is really the limit to how we can create a greener future.”