Udaipur, India – Hindustan Zinc, a Vedanta Group company and India’s largest and only integrated producer of Zinc, Lead, and Silver, has made progress toward its ESG commitment of achieving net-zero emissions. Pantnagar Metal Plant (PMP) of Hindustan Zinc has become Vedanta Limited's first unit to source 100 percent green power for its operations. The PMP unit signed a Memorandum of Understanding (MoU) with M/s UPCL (Uttarakhand Power Corporation Ltd) to provide renewable energy through hydropower.
It is a proud moment for Hindustan Zinc as it moves forward by reducing its carbon footprint in line with its emission control journey. Pantnagar’s switch to green energy will help reduce carbon emissions by 37,936 MT of CO2e. This move allows the company to leave a positive footprint in the areas of product stewardship and green product development.
Arun Misra, CEO, Hindustan Zinc, commented, “This transition to 100 percent green power supply to Pantnagar unit will serve as a key initiative towards our commitment of Net Zero and will be helping us in developing the green product range which will enhance the relationship with stakeholders and build the trust among them. We are also committed to invest US$1 billion over the next five years in our climate change initiatives, which will further enhance our ESG value proposition. The company has also executed a long-term renewable power delivery agreement up to a capacity of 200 MW with SPV and will be investing INR350 crore.”
Image Source: Hindustan Zinc Ltd