Vedanta Limited will continue to house HZL and be an incubator for new and small businesses
https://youtube.com/shorts/-EIijXWtC2s?si=JjG5vzunlwfTz9Bv
- Vedanta Limited will continue to house HZL and be an incubator for new and small businesses
- Will continue to house Vedanta’s holding in Hindustan Zinc
- 64.92% in Hindustan Zinc ( co. market cap 1,28,000 cr)
- Will act as incubator for new and small businesses
- Initially will retain Hindustan Zinc
- World’s largest underground zinc-lead mine at Rampura Agucha, India
- 5th largest silver producer in the world
- Zinc India has an R&R of 460 million tonnes with a mine life of 25+ years
- Smelters: Chanderiya (675 KTPA), Dariba (360 KTPA), Debari (88 KTPA)
- Mines: Rampura Agucha, Zawar, Rajpura Dariba, Kayad and Sindheswar Khurd
- Power Assets: Captive Power: 505 MW; 274 MW wind power capacity; 41 MW solar power; 41 MW WHRB power
- Stainless oriented business operation
- FACOR:
- o Charge chrome plant of 80 KTPA and captive power plant of 100 MW
- Nicomet:
- o Nickel sulphate production capacity of 15KTPA
- Display and Semiconductor: Manufacturing and sales of Glass Substrate for TFT color LCDs
- Others: MALCO Power and Port Business
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