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Hindustan Zinc to procure 530 MW of RE from Serentica Renewables

India, News

Hindustan Zinc has entered into a group captive arrangement with Serentica Renewables to secure 530 MW of round-the-clock (RTC) renewable power. The agreement involves Hindustan Zinc investing Rs 3.27 billion to acquire a 26% stake in Serentica and its affiliates. Serentica will develop captive renewable energy projects across India to supply power to Hindustan Zinc over 25 years, with projects commissioned in phases starting from 2027. This arrangement, which includes two previous power delivery agreements,…

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IIT Madras and Hindustan Zinc partner to develop zinc-air battery

India, News

The Indian Institute of Madras (IIT-M) and Hindustan Zinc have signed a Memorandum of Understanding (MoU) to jointly develop a 1 kWh electrically rechargeable zinc-air battery prototype. Zinc-air batteries, known for their long-duration storage, durability, and affordability compared to lithium-ion batteries, are emerging as a promising alternative in energy storage. Zinc, a more cost-effective material than lithium, offers significant advantages in performance and economic viability. Arun Misra, CEO of Hindustan Zinc, highlighted zinc’s crucial role…

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Hindustan Zinc’s top-quality zinc used in India’s heaviest power transmission steel pole

India, News

Hindustan Zinc Ltd has announced that its premium zinc was used in the galvanization process for India’s heaviest power transmission steel pole. The 400kV dual pole structure, standing 57 meters tall, was galvanized using Hindustan Zinc’s special high-grade (SHG) zinc ingots and low-dross jumbo SHG zinc. This process provides essential protection against corrosion, air, water, heat, and pollution, enhancing the pole’s structural integrity. The structure, manufactured by Skipper Ltd, is part of the 400kV Quad…

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JNCASR, Hindustan Zinc partner to develop zinc-ion batteries for low-cost energy storage

India, News

The Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) and Hindustan Zinc Limited (HZL) have signed a Memorandum of Understanding (MoU) to develop and commercialize zinc-ion battery technologies. This collaboration aims to create new variants of zinc materials, offering a low-cost, domestically sourced alternative to expensive imported lithium-ion batteries. Zinc-ion batteries, utilizing abundant and inexpensive raw materials, hold great promise for large-scale energy storage due to their superior performance and safety. Recent advancements in zinc…

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GreenLine Mobility to expand LNG fleet, aims for 1,000 more trucks by March 2025

India, News

GreenLine Mobility Solutions Ltd, a key entity in Essar’s green mobility initiative, plans to expand its fleet by adding 1,000 Liquefied Natural Gas (LNG)-powered trucks by March 2025. This move aligns with India’s strategy to decarbonise the logistics sector and reduce emissions in its journey towards net zero by 2070. GreenLine’s CEO, Anand Mimani, emphasized the company’s commitment to sustainable logistics, aiming to meet the rising demand for eco-friendly solutions as corporations increasingly prioritize Environmental,…

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Vedanta to invest Rs 1 trillion in Rajasthan

India, News

Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions.  This investment is expected to create around 200,000 jobs and support the development of over 500 downstream industries across various sectors. Hindustan Zinc, a Vedanta Group company, will invest Rs 300 billion to double its zinc production capacity from 1.2 million tonnes per annum (MTPA) to 2 MTPA, increase silver output from…

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Indian metal companies race to secure renewable energy amid EU carbon regulations

India, News

Indian steel and metal companies are rushing to secure renewable energy deals to cut carbon emissions and avoid penalties under the EU’s upcoming Carbon Border Adjustment Mechanism (CBAM). This demand extends beyond large steel and aluminium companies to their suppliers, aiming to reduce emissions across their supply chains. Renewable energy providers report that demand outstrips current capacity, with new projects already sold out for the next few years. Avaada chairman Vineet Mittal indicated that due…

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Vedanta plans Rs 1,000 billion investment in Rajasthan

India, News

Mining and metals conglomerate Vedanta plans to invest nearly Rs 1,000 billion in Rajasthan, with a significant portion earmarked for renewable power projects.  Vedanta’s major businesses, including Hindustan Zinc and Cairn India, are based in Rajasthan. The company has already invested over Rs 1,000 billion in the state in recent years to create opportunities, strengthen industries, and empower communities. Looking ahead, Vedanta aims to invest an additional Rs 1,000 billion, with a focus on large-scale…