Corporate News     31-Mar-22
Hindustan Zinc update on its sustainability initiatives
To develop captive renewable power up to 200 MW
Hindustan Zinc has set an ambitious target for 40% reduction in carbon footprint by 2030 and achieving carbon neutrality by 2050 by transitioning towards renewable energy.

Towards this goal, the company has approved the proposal for entering long term group captive renewable power development plan up to a capacity of 200 MW.

This project will be built under group captive norms and build, own, operate basis under a special purpose vehicle, in which the company will own 26% of equity with contribution up to Rs 350 crore. This SPV is expected to start delivering the power within 24 months of signing of the power delivery agreement.

Previous News
  Hindustan Zinc fixes record date for interim dividend
 ( Market Beat - Reports 07-May-24   11:32 )
  Hindustan Zinc consolidated net profit declines 36.48% in the June 2023 quarter
 ( Results - Announcements 21-Jul-23   14:50 )
  Hindustan Zinc AGM scheduled
 ( Corporate News - 27-Jul-23   10:46 )
  Power Mech Projects bags orders worth Rs 625 cr
 ( Corporate News - 07-Sep-23   15:13 )
  Hindustan Zinc announces cessation of director
 ( Corporate News - 31-Jul-23   17:55 )
  Hindustan Zinc slips as Q1 PAT drops 36% YoY to Rs 1,964 cr
 ( Hot Pursuit - 21-Jul-23   14:55 )
  Hindustan Zinc
 ( Results - Analysis 22-Jul-22   07:07 )
  Hindustan Zinc consolidated net profit declines 11.78% in the March 2023 quarter
 ( Results - Announcements 21-Apr-23   16:03 )
  Vedanta Group to source 580 MW renewable energy for operations in India
 ( Corporate News - 31-Mar-22   19:36 )
  Hindustan Zinc Ltd rises for third straight session
 ( Hot Pursuit - 01-Jun-22   13:05 )
  Jindal Steel & Power Ltd Surges 1.08%
 ( Hot Pursuit - 21-Dec-22   09:30 )
Other Stories
  Gujarat Toolroom to conduct EGM
  08-Jul-24   19:53
  Macro Intl. to conduct AGM
  08-Jul-24   19:52
  Ecoboard Industries schedules AGM
  08-Jul-24   19:52
  Eraaya Lifespaces schedules EGM
  08-Jul-24   19:52
  Binny to convene EGM
  08-Jul-24   19:52
  ICRA upgrades long term rating on bank facilities of Keystone Realtors
  08-Jul-24   19:17
  Sadbhav Engineering schedules EGM
  08-Jul-24   19:08
  Board of Va Tech Wabag approves divestment of Wabag Romania
  08-Jul-24   19:08
  Global Capital Markets to announce Quarterly Result
  08-Jul-24   19:07
  Motherson Sumi Wiring India schedules board meeting
  08-Jul-24   19:07
Back Top