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Zinc
Investment11 Mar 2025, 05:13 pm

Hindustan Zinc Secures 530 MW Renewable Energy from Serentica, Aims for 70% Green Power

AI Summary

Hindustan Zinc Limited, a Vedanta Group company and India's largest zinc producer, has signed a power delivery agreement (PDA) with Serentica Renewables, a leading renewable energy company in India. The PDA augments Hindustan Zinc's round-the-clock renewable energy up to 530 MW from previously signed PDA of 450 MW, increasing the overall renewable energy contribution to over 70% of its total power requirement. This innovative hybrid solution eliminates Hindustan Zinc's reliance on other conventional power sources and marks a fundamental shift in industrial power procurement. The resulting project will build new solar, wind and energy storage on multiple sites across the country and integrate several existing renewables projects. The project is set to be fully operational by 2027.

Key Highlights

  • Hindustan Zinc secures 530 MW renewable energy from Serentica
  • Increases overall renewable energy contribution to over 70%
  • Eliminates reliance on conventional power sources
  • Innovative hybrid solution with solar, wind, and energy storage
  • Set to be fully operational by 2027
HINDZINC
Zinc
HINDUSTAN ZINC LTD.

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