Hindustan Zinc to set up a greenfield DAP plant in Rajasthan

07 May 2015 Evaluate

In a bid to diversify into fertilizers business, Hindustan Zinc is planning to set up a greenfield Rs 1350 crore di-ammonium phosphate (DAP) plant in Rajasthan. This forms part of the company’s move to invest nearly Rs 8,000 crore in the state over the next three years. The plant which is slated to have a capacity of five lakh tonne per annum, will come up at Udaipur. It utilize output from the company's rock phosphate mine to produce DAP.

The company, which is also the country’s top lead and silver producer, is tipped to spend the remaining Rs 6650 crore in expanding its mines in the state. This includes expansion, milling and mine development at its captive mines at Rampura Agucha and Sindeswar Khurd.

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.

 

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