Latest news with #PriyaAgarwalHebbar
Time of India
10 hours ago
- Business
- Time of India
Hindustan Zinc says committed to reduce freshwater consumption by 50 pc by 2030
Vedanta Group firm Hindustan Zinc Ltd (HZL) on Friday said it is committed to bring down freshwater consumption by 50 per cent by 2030 across its operations. "The company has committed to reducing its freshwater consumption by 50 per cent by 2030 across its operations from the 2020 baseline, thereby contributing to increased freshwater availability for communities within the shared watershed," HZL said in a statement. Additionally, the company has also committed to securing 100 per cent low-quality water for its smelting operations. "With our Sustainability Goals 2030, we are reinforcing our pledge to create long-term value through sustainable business practices that shape a resilient future for all," HZL Chairperson Priya Agarwal Hebbar said. Earlier this year, the company inaugurated a 4,000 kilolitres per day zero liquid discharge plant at Rampura Agucha (Rajasthan), home to the world's largest underground zinc mining operations. Live Events Hindustan Zinc Ltd has turned 3.32 times water positive. This leap from the previously certified index of 2.41 demonstrates the company's continued commitment to responsible water stewardship, the statement said. Hindustan Zinc Ltd, a Vedanta Group company, is the world's largest integrated zinc producer and is amongst the top five silver producers globally. PTI
Time of India
2 days ago
- Business
- Time of India
Vedanta ramps up RE power capacity to 1.03 GW
Vedanta Ltd on Wednesday said it has increased its renewable energy power capacity to 1.03 GW and is on track to achieve 2.5 GW of green energy by 2030. The company has ramped up its renewable energy round-the-clock equivalent power capacity to 1.03 GW through power delivery agreements, according to a statement. The goal of achieving 2.5 GW of green energy by 2030 is aimed towards the ambitious target of achieving net-zero emissions by 2050 or sooner, the statement said. "The 1 GW renewable energy will potentially enable Vedanta to mitigate more than 6 million tonnes of carbon emissions annually. This is roughly equivalent to carbon sequestration by nearly 350 million trees annually," it added. The renewable energy projects include a mix of wind, solar and pump storage technologies. "Our integrated approach to resource management and sustainability is central to Vedanta's vision of transforming for a sustainable future. As the Indian economy expands, Vedanta is undergoing a transformation that will support the rapidly growing needs of the economy. "By expanding our production of critical minerals and investing in renewable energy, we are powering global efforts to combat climate change," Priya Agarwal Hebbar, Non-Executive Director, Vedanta Ltd and Chairperson Hindustan Zinc Ltd , said. Vedanta Limited is a global leader in critical minerals, energy and technology, operating a diverse portfolio of world-class assets. It is the world's largest integrated producer of zinc, the fourth-largest global producer of silver, amongst the world's top aluminium producers, India's only private oil and gas producer, and one of its largest private power producers.
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Business Standard
2 days ago
- Business
- Business Standard
Vedanta surpasses 1 GW renewable energy mark, targets 2.5 GW by 2030
Indian mining and metals firm Vedanta Ltd on Wednesday said it has increased its renewable energy power capacity to 1.03 GW. The company said it is on track to achieve its goal of reaching 2.5 GW of clean energy by 2030. According to a statement, the company has ramped up its round-the-clock equivalent renewable power capacity to 1.03 GW through power delivery agreements. Vedanta stated that it aims to achieve net zero carbon emissions by 2050 or sooner. Emission mitigation potential and technologies used 'The 1 GW renewable energy will potentially enable Vedanta to mitigate more than 6 million tonnes of carbon emissions annually. This is roughly equivalent to carbon sequestration by nearly 350 million trees annually,' the company said. Vedanta has adopted a combination of wind, solar, and pump storage technologies for its renewable energy projects. Focus on sustainability and growth Priya Agarwal Hebbar, non-executive director, Vedanta Ltd and chairperson, Hindustan Zinc Ltd, said, 'Our integrated approach to resource management and sustainability is central to Vedanta's vision of transforming for a sustainable future.' 'As the Indian economy expands, Vedanta is undergoing a transformation that will support the rapidly growing needs of the economy. By expanding our production of critical minerals and investing in renewable energy, we are powering global efforts to combat climate change,' she added.
Time of India
2 days ago
- Business
- Time of India
Vedanta ramps up RE power capacity to 1.03 GW
Vedanta Ltd on Wednesday said it has increased its renewable energy power capacity to 1.03 GW and is on track to achieve 2.5 GW of green energy by 2030. The company has ramped up its renewable energy round-the-clock equivalent power capacity to 1.03 GW through power delivery agreements, according to a statement. The goal of achieving 2.5 GW of green energy by 2030 is aimed towards the ambitious target of achieving net-zero emissions by 2050 or sooner, the statement said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo "The 1 GW renewable energy will potentially enable Vedanta to mitigate more than 6 million tonnes of carbon emissions annually. This is roughly equivalent to carbon sequestration by nearly 350 million trees annually," it added. The renewable energy projects include a mix of wind, solar and pump storage technologies. Live Events "Our integrated approach to resource management and sustainability is central to Vedanta's vision of transforming for a sustainable future. As the Indian economy expands, Vedanta is undergoing a transformation that will support the rapidly growing needs of the economy. "By expanding our production of critical minerals and investing in renewable energy, we are powering global efforts to combat climate change," Priya Agarwal Hebbar, Non-Executive Director, Vedanta Ltd and Chairperson Hindustan Zinc Ltd , said. Vedanta Limited is a global leader in critical minerals, energy and technology, operating a diverse portfolio of world-class assets. It is the world's largest integrated producer of zinc, the fourth-largest global producer of silver, amongst the world's top aluminium producers, India's only private oil and gas producer, and one of its largest private power producers.
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Business Standard
12-05-2025
- Business
- Business Standard
Hindustan Zinc fertiliser plant likely to be operational by FY27: Chair
Vedanta group firm Hindustan Zinc Ltd (HZL) is likely to begin the operation of its fertilizer manufacturing plant in Rajasthan by the next financial year, company's chairperson Priya Agarwal Hebbar has said. The company is making its entry into fertilizer production by setting a 0.5 million tonnes (MT) per annum manufacturing plant at Chanderiya in Chittorgarh district of Rajasthan. "Diversification is central to our growth strategy. Last year, we commissioned a 30 KTPA zinc alloy plant, significantly expanding our value-added products (VAP) portfolio. Including alloys, VAP now contributes 22 per cent to our total business. We are also entering the fertilizer segment with a (diammonium phosphate/nitrogen, phosphorous and potassium) plant expected to become operational by FY27," she said in a recent letter to shareholders. The plant aims to support farmers' needs through production and sale of DAP fertilizer currently being imported, according to the company's Q4 investor presentation. These initiatives, she said, will diversify the company's revenue streams and enhance margins. Hebbar further said that the company's wholly-owned subsidiary Hindmetal Exploration Services is pursuing high-potential exploration blocks across the country for copper, lithium, nickel, cobalt, potash, gold and more. These minerals are critical for electric vehicles, semiconductors and clean technologies. "We will evolve from a zinc and silver company into a multi-metal, future-enabling enterprise. We are totally aligned with India's critical mineral security vision," the chairperson said. Hindustan Zinc Ltd reported a 47.3 increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of the company during the latest January-March quarter increased to Rs 9,314 crore from Rs 7,822 crore in the year-ago period. In a statement the company said that it was its "best-ever fourth quarter profit after tax of Rs 3,003 crore, up 47 per cent Y-o-Y". (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
