Expansion17 Jun 2025, 07:22 pm
Vedanta's Subsidiary, Hindustan Zinc, Approves Rs. 12,000 Crores Capital Expenditure for 250 KT Integrated Zinc Metal Complex
AI Summary
Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Ltd, has approved a capital expenditure of up to Rs. 12,000 crores for setting up a 250 KT integrated zinc metal complex at Debari. This is part of HZL’s overall 2X growth plan and is expected to be completed in 36 months. The project also includes associated mining and milling capacities.
Key Highlights
- HZL, a subsidiary of Vedanta Ltd, has approved a capital expenditure of up to Rs. 12,000 crores for a 250 KT integrated zinc metal complex at Debari.
- The project is part of HZL’s overall 2X growth plan and is expected to be completed in 36 months.
- The project includes associated mining and milling capacities.
- HZL is a leading zinc producer and is amongst the top 5 silver producers globally.
- The company supplies to more than 40 countries and holds a market share of about 77% of the primary zinc market in India.