Zinc Giant Bets Big: Hindustan Zinc Clears ₹120 bn Debari Smelter—India’s Largest Green-Metal Push Yet

Hindustan Zinc Ltd. has sanctioned a ₹120 billion ($1.44 bn) capex to build a 250-kilotonne-per-year integrated zinc metal complex at Debari, Rajasthan. The board-approved project will get underway this quarter and be mechanically completed in 36 months, underpinning Vedanta unit's sprint to double refined-metal capacity by FY29.

 

Key Highlights

With this clearance, Hindustan Zinc gains dominance over Asia's galvanizing supply chain, with Rajasthan set to become the future hub for low-carbon alloys and battery-grade zinc.

 

Sources: Company exchange filing (17 Jun 2025)