Hindustan Zinc to Invest Rs 120 Bn in Capacity Expansion

18 Jun 2025 CW Team

The project will increase the company’s current metal production capacity from 1.1 million tonnes to over 2 million tonnes annually over the next five years. Hindustan Zinc also aims to raise its silver production capacity to 1,500 tonnes during the same period.

The expansion comes at a time when global zinc markets are facing sustained deficits, and India’s domestic demand for zinc is expected to double within the next 5–10 years, fuelled by investments in infrastructure and steel manufacturing.

The approved development will be completed over a 36-month timeline. The new Debari smelter and related mining infrastructure aim to meet rising domestic requirements and support global demand, reinforcing the company’s status as a cost-efficient global leader.

Since the Indian government divested its stake in 2002 and the Vedanta Group acquired the business, Hindustan Zinc has quadrupled its zinc production and increased silver output over twentyfold. The company now holds the world’s second-largest zinc reserves and resources, with a mine life exceeding 25 years.

Commenting on the investment, Arun Misra, CEO of Hindustan Zinc, said, “We are excited to announce this 2x growth project to double capacity in zinc, lead and silver. This initiative is aligned with India’s expanding economic needs and supports the nation’s self-reliance in zinc. By matching the pace of national growth, we aim to create significant stakeholder value and ensure long-term success.”

Hindustan Zinc remains one of the world’s lowest-cost zinc producers, and its expansion reinforces its commitment to securing future demand while strengthening India’s industrial foundation.

Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, has announced Board approval for the first phase of a major expansion to double its refined metal production capacity. The plan involves an investment of nearly Rs 120 billion (Rs 12,000 crore) and includes setting up a new 250 KTPA (kilotonnes per annum) integrated smelter at Debari, in Rajasthan’s Udaipur district, along with corresponding expansions in mines and mills across its operations.The project will increase the company’s current metal production capacity from 1.1 million tonnes to over 2 million tonnes annually over the next five years. Hindustan Zinc also aims to raise its silver production capacity to 1,500 tonnes during the same period.The expansion comes at a time when global zinc markets are facing sustained deficits, and India’s domestic demand for zinc is expected to double within the next 5–10 years, fuelled by investments in infrastructure and steel manufacturing.The approved development will be completed over a 36-month timeline. The new Debari smelter and related mining infrastructure aim to meet rising domestic requirements and support global demand, reinforcing the company’s status as a cost-efficient global leader.Since the Indian government divested its stake in 2002 and the Vedanta Group acquired the business, Hindustan Zinc has quadrupled its zinc production and increased silver output over twentyfold. The company now holds the world’s second-largest zinc reserves and resources, with a mine life exceeding 25 years.Commenting on the investment, Arun Misra, CEO of Hindustan Zinc, said, “We are excited to announce this 2x growth project to double capacity in zinc, lead and silver. This initiative is aligned with India’s expanding economic needs and supports the nation’s self-reliance in zinc. By matching the pace of national growth, we aim to create significant stakeholder value and ensure long-term success.”Hindustan Zinc remains one of the world’s lowest-cost zinc producers, and its expansion reinforces its commitment to securing future demand while strengthening India’s industrial foundation.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..