Hindustan Zinc Signs Landmark Agreement for 180 LNG Vehicles
3 min read
Udaipur, 4th October 2023: Hindustan Zinc, a Vedanta group company and India’s largest & only integrated producer of Zinc, Lead & Silver, has unveiled two groundbreaking initiatives that underscores their commitment towards environmental stewardship through strategic partnership and cutting-edge technology. In a significant move towards green transportation, the company has joined forces with Greenline, a subsidiary of Essar Group, by signing contract for 180 Liquified Natural Gas (LNG) vehicles. The contract was signed between HZL CEO – Mr. Arun Misra and Greenline CEO – Mr. Anand Mimani. Additionally, the company has launched Zero Liquid Discharge (ZLD) Plant Phase 1 in collaboration with Ion Exchange (India) Ltd at Zawar Mines. The ZLD Plant having a capacity of 4,000 KLD which will utilize advanced technology and help in water conservation.
With the deployment of 180 LNG vehicles, Hindustan Zinc will reduce its carbon footprint in inter unit transportation and finished goods transportation by 30% in comparison to traditional diesel vehicles. These vehicles will contribute towards reduction in Scope 3 emissions and mitigate noise aligning with its philosophy of operating a sustainably conscious operation. Simultaneously, the ZLD Plant will facilitate water recovery which reaffirms the company’s vision of Zero Waste & Zero Discharge. The ZLD plant at Zawar Mines results in reduction of freshwater dependency, aligning with the vision of becoming 5 times Water Positive by 2025.
Speaking on the occasion, Mr. Arun Misra, CEO – Hindustan Zinc & Executive Director – Vedanta said, “In our pursuit of a sustainable future, these initiatives stand as pillars of our commitment. The introduction of LNG vehicles in our supply chain and inauguration of ZLD Plant at Zawar reflects our dedication to pushing boundaries, embracing innovation, and weaving environmental responsibility into every part of our operations. At Hindustan Zinc, we believe in pioneering a legacy of sustainable practices and transformative change. These endeavours epitomize our vision to achieve Sustainability Development Goals by 2025 and aligns with our approved SBTi targets to reduce 50% of absolute Scope 1 and 2 GHG emissions and further reduction of 25% of absolute Scope 3 GHG emissions FY2030 from the base year FY2020.”
Hindustan Zinc stands resolute in its mission to lead sustainable mining operations. The company has been ranked 3rd Globally and 1st in Asia Pacific Region in S&P Global Corporate Sustainability Assessment 2022 under metals & mining sector. The company’s commitment towards Environment, Social and Governance has been recognized by S&P Global Sustainability Yearbook, CAP 2.0, CDP, S&P Global Platts Awards, GreenCo Certification, CII National 5S Excellence Award, Bhamashah Award and many more.
About Hindustan Zinc Limited:
Hindustan Zinc, a Vedanta Group company in Zinc-Lead and Silver business is world’s 2nd largest integrated Zinc producer and 5th largest Silver producer. The company governs about ~80% of the growing Zinc market in India with its headquarters at Udaipur along with Zinc-Lead mines and smelting complexes spread across the state of Rajasthan.
Hindustan Zinc is self-sufficient in power with captive thermal power plants and has ventured into green energy by setting-up wind power plants. The company is ranked 1st in Asia-Pacific for the fourth consecutive year and globally 3rd in S&P Global Corporate Sustainability Assessment in 2022 amongst Mining & Metal companies. Hindustan Zinc is a certified Water Positive company and is the only Indian company to be recognized at the S&P Global Platts Metal Award 2022 winning two prestigious awards for ‘Industry Leadership Award – Base, Precious & Specialty Metals’ Award and ‘Corporate Social Responsibility’ Award.
The company takes pride in having some of the best-in-class people practices and employee-centric initiatives, which have certified Hindustan Zinc as – ‘Great Place to Work 2023’, ‘Company with Great Managers 2022’ by People Business and the ‘People-first HR Excellence Award’.
As a socially responsible corporate, Hindustan Zinc has been relentlessly working towards transforming lives of 1.7 million people in 237 villages in the states of Rajasthan and Uttarakhand. The company is amongst the Top 15 CSR Spenders in India.
Learn more about Hindustan Zinc on –https://www.hzlindia.com/home/ and follow us on LinkedIn, Twitter, Facebook , and Instagram for more updates.
