Vedanta Aluminium Announces COVID Kavach Term Insurance

Vedanta Aluminium Announces COVID Kavach Term Insurance


Vedanta Aluminium & Power Business, India’s largest producer of aluminium and value-added aluminium products, has on the occasion of International Day of Families, extended the COVID Kavach Term Insurance Policy for employees of business partners across its plants in Jharsuguda and Lanjigarh in Odisha, and BALCO in Korba, Chhattisgarh. Ajay Kapur, CEO – Aluminium & Power and MD – Commercial, Vedanta Ltd., announced this to all staff on the occasion of International Day of Families through a video message. Last year, the company had enhanced its term life insurance for all employees, which also covers any unfortunate circumstance due to COVID.

Speaking on the occasion, Rahul Sharma, Dy. CEO – Aluminium Business, said, “The health and wellbeing of our people is our foremost priority, and we continue to adhere to heightened safety protocols against the disease. We have put in place robust measures across all our plant sites to keep our workforce and families safe. We stand in solidarity with the entire country as we continue to battle the pandemic. We are taking several measures to secure the safety of our employees, business partners and their families against COVID and this insurance policy is a small but significant step in this direction.”

Moin Kazi, Director – Occupational Health Business of Wellspring Healthcare Pvt. Ltd., which is Vedanta’s business partner in providing COVID treatment at its Jharsuguda plant said, “As Vedanta’s healthcare partner, we have deployed required infrastructure and staff to provide proper care and treatment to anyone affected by COVID. We are constantly monitoring the collective health status in the plant and township. Our staff are working round the clock to ensure health and wellbeing of employees, families and business partners.”

Vedanta has marshalled resources across its plants and state-of-the-art townships in remote locations of Odisha and Chhattisgarh to safeguard its workforce and families.

Beyond operations, Vedanta is conducting awareness drives to sensitize communities on COVID prevention and the benefits of vaccination, distributing sanitation kits and sanitizing public places in the communities and peripheral villages. The company has plans to set up two COVID field hospitals at Odisha and Chhattisgarh to aid the state governments in providing proper treatment to the affected. To ensure uninterrupted supply of oxygen to patients in Jharsuguda, Vedanta is providing oxygen cylinders to district hospitals. Recently, the company also provided 10,000 RT-PCR testing kits to the district hospital in Bhawanipatna, Odisha.

Vedanta Aluminium & Power Business, a division of Vedanta Limited, is India’s largest producer of aluminium, producing almost half of India’s Aluminium or 1.9 million tonnes per annum (MTPA) in FY20, and is also one of the largest private power producers in the country. BALCO is a part of Vedanta’s Aluminium and Power Business. Vedanta is a leader in value-added aluminium products that find critical applications in core industries. With its world-class smelters, power plants and alumina refinery spread across India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.