leadership of Priya Agarwal Hebbar. World's second largest integrated zinc producer aims to accelerate plan s to decarbonize operations under Chairwoman, which is daughter of Vedanta founder and chairman Anil Agarwal. The non-executive director at Hindustan Zinc's parent company Vedanta Resources Ltd., Priya Agarwal Hebbar will be steering the company through a period of expansion.
The company aims to take advantage of a splurge of infrastructure building in India and Prime Minister Narendra Modi’s vision of green economy. India's largest zinc producer had said last week that it is used to galvanize steel to prevent rusting. The zinc maker went on to add that it want to grow its annual mined metal output to 1.5 million tons, from around 1 million tons now.
The zinc maker said that it aims to achieve this target by end of FY25 i.e. by end of March 2025. So, the company aims to boost its mined metal output by 50 per cent under the leadership of Priya Agarwal Hebbar in next two years.
Priya Agarwal Hebbar, who took over as Chairwoman of Hindustan Zinc at the beginning of 2023 said in an interview, “When we are looking at infrastructure development, we are looking at the growth of steel," adding, “And to create sustainable infrastructure, it needs to be galvanized steel." Hindustan Zinc will spend $1 billion over the next decade to cut its current dependence on coal, said Agarwal Hebbar. Most of that money would go toward replacing coal as the major energy source for its smelters with solar and wind, she said. A deal with Serentica Renewables, who will supply Hindustan Zinc with 450 megawatts of solar and wind power a year, will help cut coal use at its smelters in half by the end of 2025, Agarwal Hebbar said.
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