Hindustan Zinc Plans to Raise RE Contribution to over 70 Pc of Total Power Needs by 2027 – EQ
In Short : Hindustan Zinc plans to increase its renewable energy (RE) contribution to over 70% of its total power requirements by 2027. To achieve this, the company aims to enhance its renewable power capacity from 450 MW to 530 MW, securing round-the-clock RE. This move aligns with Hindustan Zinc’s sustainability objectives, helping to reduce carbon emissions and support energy efficiency initiatives. In FY24, the company saved 0.8 million GJ of energy, equivalent to powering 70,000 households. Additionally, Hindustan Zinc reduced its greenhouse gas emissions intensity by 14% since 2020 while increasing production volumes.
In Detail : Hindustan Zinc has set a goal to increase its renewable energy (RE) contribution to over 70% of its total power needs by 2027. The company is working towards expanding its renewable power delivery from 450 MW to 530 MW, aiming to source round-the-clock renewable energy, which will help in meeting its sustainability targets.
This shift towards renewable energy is expected to significantly reduce Hindustan Zinc’s carbon emissions, aligning with its broader sustainability objectives. The company is focusing on long-term environmental benefits while improving its energy sourcing practices.
Along with expanding its renewable energy capacity, Hindustan Zinc has implemented various energy efficiency measures. These include upgrading existing infrastructure and transitioning from conventional fuels to cleaner alternatives such as piped natural gas. These efforts have led to energy savings of over 0.8 million Gigajoules (GJ) in FY24, which is equivalent to providing energy to approximately 70,000 households for an entire year.
Hindustan Zinc has also made progress in reducing its greenhouse gas emissions intensity. Compared to 2020 levels, the company has lowered its emissions by 14%, despite increasing production volumes. This reduction highlights the company’s commitment to achieving environmental goals while maintaining strong business performance.
Chairperson Priya Agarwal Hebbar emphasized Hindustan Zinc’s commitment to sustainable practices, stating that the company’s energy and climate action initiatives are focused on creating long-term value for stakeholders and contributing to a healthier planet. This commitment underscores the company’s dedication to balancing growth with environmental responsibility.
Through these efforts, Hindustan Zinc aims to set an example in the metals and mining industry, demonstrating that businesses can successfully integrate sustainability into their operations while achieving economic success. The company’s strategy highlights the importance of aligning business growth with environmental stewardship.
