Hindustan Zinc deploys India's first 250 MT electric crane

2 min read     Updated on 25 Jun 2026, 03:57 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Hindustan Zinc Limited has deployed India's first 250 Metric Tonne capacity electric crane at Zinc Smelter Debari in Rajasthan. The hybrid crane is expected to avoid approximately 250.8 tCO2e annually by replacing a diesel-operated crane consuming around 93,600 litres of diesel per year. This initiative supports the company's commitment to achieving net-zero emissions by 2050 or sooner.

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hindustan zinc has deployed India's first 250 Metric Tonne capacity electric crane at Zinc Smelter Debari in Rajasthan. The hybrid lifting machine, capable of operating on both diesel and electric power, marks a significant step in the company's journey to decarbonize core operations and integrate clean technologies across industrial infrastructure. This deployment is expected to avoid approximately 250.8 tCO2e annually by replacing a diesel-operated crane consuming around 93,600 litres of diesel per year, thereby improving operational energy efficiency.

The deployment reinforces Hindustan Zinc's commitment to achieving net-zero emissions by 2050 or sooner. Over the past three years, the company has rolled out a suite of clean mobility solutions, including operating India's first underground battery electric vehicles (BEVs) and establishing Rajasthan's largest EV bulker fleet with 40 electric bulkers in partnership with GreenLine Mobility. The company recently deployed the first two electric buses for employee transit as part of a 41-bus green mobility initiative and launched four electric loaders at the Rampura Agucha Mine.

Operational Efficiency and Sustainability Goals

The introduction of the electric crane is part of Hindustan Zinc's broader decarbonization roadmap. The company aims to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 25% from the 2020 baseline. To support these targets, Hindustan Zinc has increased renewables to nearly 18% of its power mix and commissioned over 530 MW of round-the-clock renewable energy capacity.

Initiative Details
Crane Capacity 250 Metric Tonne
Emissions Avoided 250.8 tCO2e annually
Diesel Displaced 93,600 litres per year
Renewable Energy Capacity Over 530 MW
Power Mix from Renewables Nearly 18%

Strategic Partnerships and Industry Leadership

Arun Misra, CEO, Hindustan Zinc, stated that the deployment reflects the company's resolve to adopt clean technology and redefine how core industry transitions to low-carbon solutions. The crane was supplied by SANY India, whose Managing Director, Deepak Garg, highlighted the partnership's shared commitment to advancing innovation for operational excellence and environmental impact.

Hindustan Zinc became the first company in India to deploy underground BEVs at Sindesar Khurd Mine in 2022-23. The company operates over 250 LNG trucks to transport concentrate between mining sites and smelters, making it Rajasthan's largest LNG fleet operator in industrial logistics. These initiatives align with the United Nations Sustainable Development Goals 2030, focusing on clean energy, climate action, and responsible production.

Brand and Market Position

The company launched EcoZen, Asia's first low-carbon zinc brand, produced using renewable power. Hindustan Zinc is the first Indian producer certified under the international Zinc Mark validation under the Copper Mark Assurance Process. It was named the world's most sustainable metals and mining company for the third consecutive year in the S&P Global Corporate Sustainability Assessment 2025.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-4.41%-9.52%-18.06%-17.09%+16.97%+54.16%

How will the operational performance and maintenance costs of the new hybrid crane compare to traditional diesel models over the long term?

What are the company's plans to scale the deployment of electric cranes to other smelter sites and mining locations?

How will the introduction of the EcoZen brand impact Hindustan Zinc's market share in environmentally conscious international markets?

Vedanta Limited releases encumbrance on 50.10% of Hindustan Zinc shares

1 min read     Updated on 24 Jun 2026, 02:51 AM
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Reviewed by
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AI Summary

Vedanta Limited released encumbrance on 2,11,68,84,819 shares of Hindustan Zinc Limited, representing 50.10% of the total share capital, following the prepayment of a facility on June 17, 2026. The disclosure was made under Regulation 31 of the SEBI Takeover Regulations. While this specific encumbrance was released, the promoter's total encumbered holding stands at 55.04% due to other existing pledges.

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Vedanta Limited has released encumbrance on 2,11,68,84,819 equity shares of Hindustan Zinc Limited , representing 50.10% of the total share capital, following the prepayment of a facility on June 17, 2026. The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This release reduces the promoter's total encumbered holding to 55.04%, as other encumbrances remain active.

The release pertains to a facility agreement dated July 16, 2024, connected to undertakings provided by Vedanta Limited regarding the equity shares of Hindustan Zinc Limited. All encumbrances created pursuant to this specific facility agreement were fully released effective from the date of prepayment. The disclosure references the Securities and Exchange Board of India's Master circular dated February 16, 2023, bearing reference no. SEBI/HO/CFD/PoD-1/P/CIR/2023/31.

Shareholding Details

Parameter Number of Shares % of Total Share Capital
Promoter Holding 2,56,52,71,353 60.71
Before Release
Shares already encumbered 2,32,58,03,748 55.04
Release Details
Shares released 2,11,68,84,819 50.10
After Release
Shares encumbered 2,32,58,03,748 55.04

The equity share capital of Hindustan Zinc Limited remains at 4,22,53,19,000 equity shares of ₹2 each. The entity in whose favour the shares were previously encumbered was Victory XII Pte. Ltd., acting as the agent to the finance parties. The disclosure confirms that while the specific facility-related encumbrance of 50.10% has been released, other existing encumbrances by way of pledge and non-disposal undertaking continue to exist.

Historical Stock Returns for Hindustan Zinc

1 Day5 Days1 Month6 Months1 Year5 Years
-4.41%-9.52%-18.06%-17.09%+16.97%+54.16%

What are Vedanta's strategic plans for the remaining 55.04% of promoter shares that remain encumbered?

How will the prepayment of this facility impact Vedanta's overall debt profile and liquidity position?

Is this move a precursor to Vedanta reducing its stake in Hindustan Zinc Limited to raise capital?

More News on Hindustan Zinc

1 Year Returns:+16.97%