Hindustan Zinc (HZL) has planned to invest Rs 350 crore to develop up to 200 megawatt (MW) renewable energy capacity through a special purpose vehicle.
The project will be built under group captive norms on Build-Own-Operate (BOO) basis through a special purpose vehicle (SPV). HZL will own 26 per cent equity in the SPV with contributions of up to Rs 350 crore.
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.
