Hindustan Zinc (HZL), a Vedanta Group company, has announced a Rs 12,000 crore investment to establish a 250 KTPA integrated zinc metal complex at Debari, Rajasthan, as part of its “2X growth” strategy. Approved by the board, the project aims to double production capacity across zinc, lead, and silver in the coming years, ensuring long-term resource discipline and alignment with clean energy goals.
The new facility, supported by expanded mining and milling capacity, is scheduled for completion in 36 months, financed via internal accruals and debt. India’s zinc demand is expected to double in the next five to 10 years, led by infrastructure growth and projected steel output of 300 MTPA by 2030. The new smelter will boost HZL’s smelting capacity from 1.13 MTPA to two MTPA, and silver refining from 800 TPA to 1,500 TPA. Mining and milling capacity will also rise to 35 MTPA, and support the enhanced output.
HZL is also accelerating its sustainability drive, as its green zinc brand EcoZen, produced with renewable energy, emits 75% less carbon and supports clean energy technologies like solar, wind, and EVs.