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Hindustan Zinc, Serentica Renewables strengthen partnership with new 530 MW PDA

11 Mar 2025 Evaluate

Hindustan Zinc has inked power delivery agreement (PDA) with Serentica Renewables, a leading renewable energy company in India. The latest power delivery agreement augments Hindustan Zinc’s round-the-clock renewable energy (RE) up to 530 MW from previously signed PDA of 450 MW, increasing the overall renewable energy contribution to over 70% of its total power requirement. This is a first-of-its kind round-the-clock renewables PDA that guarantees a minimum of 315 MW uninterrupted power supply through every 15-minute time block. The resulting project will build new solar, wind and energy storage on multiple sites across the country and integrate several existing renewables projects.

Developed under a captive structure, the project will be strategically spread across high-resource locations in India and is set to be fully operational by 2027. This innovative hybrid solution eliminates company’s reliance on other conventional power sources by delivering seamless, reliable energy through advanced storage systems and market mechanisms. 

Hindustan Zinc is engaged in the mining and smelting of zinc, lead and silver metal in India.


Hindustan Zinc Share Price

592.35 -0.10 (-0.02%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
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