Hindustan Zinc, Cairn India ink pact with Rajasthan govt to invest Rs 20,500 crore

06 May 2015 Evaluate

Hindustan Zinc and Cairn India have entered into Memorandum of Understanding (MoU) with the government of Rajasthan to invest Rs 20,500 crore in the state in the next three years. Both companies are subsidiaries of Vedanta Resources.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.

Hindustan Zinc Share Price

464.00 -5.35 (-1.14%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 634.00
Vedanta 473.10
Hindustan Zinc 464.00
Gravita India 2322.90
Ram Ratna Wires 575.20
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