Hindustan Zinc Ltd (HZL), the largest zinc producer in the country and among the top five globally, signed a Memorandum of Understanding (MoU) with the Government of Gujarat to set up 300 KTPA greenfield zinc smelter at Doswada, GIDC. The facility will spread across 415 acres and will entail an investment of ₹5000 to ₹10000 crore in phases and create more than 5000 direct and indirect jobs and will be operational by 2022.

The new facility - the first for Hindustan Zinc in the state of Gujarat - will be set up with a zero-discharge technology and will be among the lowest cost smelters in the world. Located in proximity with port and key markets of consumption, the new facility will produce Zinc and other minor metals.

The MoU was signed by M K Das, IAS, Additional Chief Secretary, Industries and Mines, Govt of Gujarat and Arun Misra, CEO, Hindustan Zinc Ltd in the presence of Hon’ble Chief Minister of Gujarat, Hon’ble Vijay Rupani. Anil Agarwal, Founder and Non-Executive, Chairman, Vedanta Ltd virtually attended the signing. This is one of the largest MoUs signed by the state of Gujarat under the State’s modified industrial policy.

“We will extend all support to ensure that the plant is commissioned in stipulated time. The plant will substantially increase employment and thereby boost the economy in the region,” commented Rupani, Chief Minister of Gujarat.

“Given the reputation of Gujarat as an industrial hub of the country, it is our pleasure to build our dream project in zinc here. With this facility, we will together take India to the map of most efficient producers of zinc in the world. We have set out on a path towards Hon’ble Prime Minister Modi’s vision of an Aatmanirbhar Bharat. With this pioneering initiative, I would like to thank Hon’ble CM for giving us an opportunity to lead the way,” quoted Agarwal.

“We are excited to set up coast-based operations in the state of Gujarat and the location could not be more apt for this project. We plan to complete the Doswada unit by 2022 and this plant will not only create jobs for thousands of people in the state; but more importantly, will set a benchmark among industry as an environmentally-responsible and future-ready facility,” added Misra.

For more information: www.hzlindia.com