Hindustan Zinc has signed a Memorandum of Understanding (MoU) with Advantek Associates LLP and Aero Eagle Automobiles Private Limited to explore the adoption of green hydrogen and alternative clean energy solutions across its operations. The collaboration aims to evaluate innovative technologies that can support the transition towards low-carbon and future-ready mining. Through this MoU, Hindustan Zinc is set to pioneer the use of hydrogen fuel for underground mining applications, positioning it to become the only company to deploy this technology in such environments.

Strategic Focus on Hydrogen

The agreement between Hindustan Zinc, Advantek Associates, and Aero Eagle Automobiles is aimed at investigating the viability and potential of hydrogen fuel options. Hydrogen has been gaining attention across industries as a cleaner energy alternative, and this collaboration positions Hindustan Zinc as an active participant in exploring such possibilities. The partnership will focus on conducting comprehensive feasibility assessments for hydrogen-based technologies, including green hydrogen generation, storage, dispensing infrastructure, and hydrogen-powered equipment. It will also evaluate the potential use of Hydrogen Internal Combustion Engine (H2-ICE) and fuel cell technologies across mining and industrial applications.

Operational Scope and Feasibility

The initiative will follow a phased approach, beginning with technical, operational, safety, environmental, and financial feasibility studies. Based on the outcomes, the collaboration may be scaled further to enable broader deployment across mining equipment, heavy earth-moving machinery, underground and surface vehicles, generators, and other operational assets. The collaboration is part of Hindustan Zinc's larger strategy to build future-ready, low-carbon, and technology-led mining operations, aligned with its commitment to become Net Zero by 2050 or sooner.

Key Agreement Details

The table below summarises the key parameters of the MoU signed between the three parties:

Hindustan Zinc has appointed Mr. Amarendu Prakash as its Chief Executive Officer-Designate effective June 19, 2026. The appointment, approved by the Board of Directors on the recommendation of the Nomination and Remuneration Committee, brings in a leader with over three decades of experience in the steel industry to drive the company's strategic agenda.

Leadership Profile

Mr. Amarendu Prakash is a distinguished leader with extensive experience spanning operations, project execution, technology, and strategic management. He served as the former Chairman & Managing Director of Steel Authority of India Limited (SAIL), where he spearheaded the company's transformation agenda, focusing on capacity expansion, operational excellence, digitalization, and sustainability initiatives.

Professional Background

Prior to his tenure as Chairman & Managing Director, Mr. Prakash held several key leadership positions within SAIL. He served as Director (In-Charge) of the Burnpur and Bokaro Steel Plants. A Metallurgical Engineer from BIT Sindri, he joined SAIL in 1991 and has been instrumental in shaping the organization's growth and competitiveness.

The following table outlines the key details of Mr. Prakash's appointment: