HINDUSTAN ZINC TO INVEST IN SETTING UP 115 MW SOLAR ENERGY PLANTS IN RAJASTHAN

Commissioning of 15 MW by March and 100 MW by September, 2017.
The Head Office of Hindustan Zinc at Udaipur currently runs on solar energy

Taking forward Hon'ble Prime Minister ‐ Shri Narendra Modi's vision to expand renewable energy in India, Hindustan Zinc, a Vedanta group company in zinc, lead and silver business and India's only integrated producer of zinc‐lead is entering into solar energy business. The company already produces 474 MW of thermal power and 274 MW of wind‐energy.
The Indian government has a strong focus on non‐conventional energy sources and is looking to ultimately produce 100 GW power from solar energy. Hindustan Zinc has been working progressively towards setting up 115 MW of solar energy projects with an investment of Rs. 630 crores.
Mr. Sunil Duggal ‐ CEO, HZL informed that in the first phase, the Company will set‐up of 15 MW solar energy projects which would require an investment of Rs. 80 crores and is likely to be commissioned by March, 2017. The second phase would be of 100 MW requiring an investment of Rs. 550 crore which is likely to be commissioned by September, 2017. The average cost of setting‐up 1 MW of solar energy plant is about Rs. 5.50 crore.
"The energy produced will be utilized for captive use only. Out of 15 MW, 10 MW solar power projects will be installed at Zinc Smelter Debari and remaining 5 MW will be installed at Rajpura Dariba Mine of Hindustan Zinc" Mr. Sunil Duggal added.
The 5 MW solar power project at Rajpura Dariba Mine would be the 1st such project in the District of Rajsamand in Rajasthan. The 10 MW project also would be the largest solar energy project in the District of Udaipur.
The company also produces 274 MW of Wind Power in its green energy farms located in Gujarat, Karnataka, Rajasthan, Tamil Nadu and Maharashtra.
Hindustan Zinc has already installed solar roof top projects with a capacity of 100 KW each at Head Office‐Udaipur and at Chanderiya Lead Zinc Smelter in January, 2016. The company is also looking to develop solar energy projects in other parts of Rajasthan.

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