Hindustan Zinc has commenced the first phase of renewable energy integration from Serentica Renewables, a leading C&I focused renewable energy company in India. The renewable energy is being utilized for Hindustan Zinc’s operational business units in Rajasthan. Recognized as the world’s most sustainable metals & mining company as per S&P Global Corporate Sustainability Assessment 2023, this initiative marks yet another step towards decarbonizing its operations.
Hindustan Zinc has entered into Power Delivery Agreements (PDAs) with Serentica for the supply of 450 MW of round-the-clock (RE-RTC) power, ensuring operational reliability and sustainability across its key business units. As part of the pioneering agreement between both parties, Serentica has started supplying renewable energy to Hindustan Zinc from its 180 MW solar project. This is a first-of-its-kind initiative within the Vedanta group. By integrating renewable power from Serentica, Hindustan Zinc is among the few zinc producers in the world to move towards green energy.
While Hindustan Zinc has existing captive solar power capacity of 40.70 MW of solar power and depends on conventional fuel sources for the rest of its power requirement, this renewable power from Serentica will increase the quantum of renewables in the company’s overall energy mix. This marks a significant milestone in its ongoing commitment to sustainability and clean energy integration. This initiative aims to annually reduce approximately 0.45 million tons of CO2 emissions.
Serentica’s Bikaner power park is an integral part of its Round-The-Clock strategy, involving multi-location solar and wind energy installations. Spanning over 1,200 acres, this 180 MW solar park, will ensure a consistent and reliable green power supply to Hindustan Zinc's operations. Cumulatively, the project will reduce around 2.7 million tons of CO2 emissions annually, significantly contributing to India's sustainability agenda.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 627.15 |
| Vedanta | 433.50 |
| Hindustan Zinc | 494.50 |
| Gravita India | 2098.45 |
| Ram Ratna Wires | 591.50 |
| View more.. | |
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