Cairn India and Hindustan Zinc have entered into Memorandum of Understanding (MoU) with the government of Rajasthan to invest Rs 20,500 crore in the state in the next three years. Both companies are subsidiaries of Vedanta Resources.
Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years. Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan.
