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

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Economic Times

4 days ago

• Economic Times

Vedanta shares fall over 3% after declaring first interim dividend for FY26

Vedanta shares fell over 3% to Rs 442 in Thursday's trade on the BSE after the company declared its first interim dividend of Rs 7 per share for FY26, amounting to approximately Rs 2,737 crore. ADVERTISEMENT The announcement was made following a board meeting held on Wednesday. The record date for determining shareholder eligibility has been set for Tuesday, June 24, 2025. The dividend will be paid within the statutory timeline, the company said in a regulatory filing. This dividend declaration follows Vedanta's Rs 3,028 crore stake sale in its subsidiary Hindustan Zinc Ltd (HZL), part of a broader strategy to deleverage its balance sheet and prepare for the proposed demerger into sector-specific verticals. Also Read: These 11 Nifty microcap stocks can rally 55-210% in the next 12 months Vedanta has consistently ranked among India's top dividend payers. According to Trendlyne data, the company paid a total dividend of Rs 32.50 per share in the previous fiscal year, translating to a dividend yield of 7.11% based on recent market company sold a 1.6% stake in Hindustan Zinc via an institutional block deal earlier on Wednesday. The stake sale, which raised Rs 3,028 crore, was executed through an accelerated bookbuild process and involved 66.7 million shares. ADVERTISEMENT Vedanta said the capital raised would help "de-leverage the balance sheet and enhance financial flexibility" as it moves forward with its demerger into standalone entities. The company added that the transaction 'reflects continued investor confidence in Vedanta's strategic direction,' citing the group's operational improvements and long-term value creation of 12:21 p.m., Vedanta shares were down 3.1% at Rs 442.3 on the BSE. The stock has gained 0.88% over the past year and 0.5% year-to-date. However, it is down 4% over the past three months and has declined 10% over the last six months. ADVERTISEMENT Also Read: 10 midcap stocks with more than 20 buy Calls: Analysts see up to 25% upside (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

Time of India

4 days ago

• Time of India

Vedanta shares fall over 3% after declaring first interim dividend for FY26

Vedanta shares fell over 3% to Rs 442 in Thursday's trade on the BSE after the company declared its first interim dividend of Rs 7 per share for FY26, amounting to approximately Rs 2,737 crore. The announcement was made following a board meeting held on Wednesday. The record date for determining shareholder eligibility has been set for Tuesday, June 24, 2025. The dividend will be paid within the statutory timeline, the company said in a regulatory filing. This dividend declaration follows Vedanta's Rs 3,028 crore stake sale in its subsidiary Hindustan Zinc Ltd (HZL), part of a broader strategy to deleverage its balance sheet and prepare for the proposed demerger into sector-specific verticals. Also Read: These 11 Nifty microcap stocks can rally 55-210% in the next 12 months Vedanta has consistently ranked among India's top dividend payers. According to Trendlyne data, the company paid a total dividend of Rs 32.50 per share in the previous fiscal year, translating to a dividend yield of 7.11% based on recent market prices. Live Events The company sold a 1.6% stake in Hindustan Zinc via an institutional block deal earlier on Wednesday. The stake sale, which raised Rs 3,028 crore, was executed through an accelerated bookbuild process and involved 66.7 million shares. Vedanta said the capital raised would help "de-leverage the balance sheet and enhance financial flexibility" as it moves forward with its demerger into standalone entities. The company added that the transaction 'reflects continued investor confidence in Vedanta's strategic direction,' citing the group's operational improvements and long-term value creation focus. As of 12:21 p.m., Vedanta shares were down 3.1% at Rs 442.3 on the BSE. The stock has gained 0.88% over the past year and 0.5% year-to-date. However, it is down 4% over the past three months and has declined 10% over the last six months. Also Read: 10 midcap stocks with more than 20 buy Calls: Analysts see up to 25% upside ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Business Standard

5 days ago

• Business Standard

Expansion positives factored into the valuations of Hindustan Zinc

The company expects revenues to rise from Rs 34,100 crore in FY25 to Rs 40,000-42,000 crore with phase-I expansion, and further rise to Rs 62,000 to Rs 65,000 crore upon completion of plan Devangshu Datta Listen to This Article The board of Hindustan Zinc Ltd (HZL) has approved a capital expenditure (capex) plan of ₹12,000 crore to be funded through internal accruals and debt to expand zinc smelting capacity by 250 kilo tonnes per annum (KTPA) at Debari in Rajasthan along with a mine capacity expansion of 330 KTPA. At an investor meet held by the company, the management announced that the expansion is expected to be completed in the next 36 months, with capex across FY26-FY28. The guidance is ₹3,500 crore capex in FY26, ₹5,000 crore in FY27, and the remaining in FY28. Of the capex,