Pantnagar Metal Plant becomes the first unit of Vedanta to source 100% Green Power Supply.
Udaipur: Hindustan Zinc’s Pantnagar Metal Plant (PMP) has become the first unit of Vedanta Limited to source 100% green power for running its operations. The PMP unit signed an MoU with M/s UPCL (Uttarakhand Power Corporation Limited) for providing renewable energy using hydropower.
Hindustan Zinc, a Vedanta group company and India’s largest and only integrated producer of Zinc, Lead and Silver, has moved forward in its journey to achieve Net Zero emissions as per the company’s ESG commitment.
Green power
It is a moment of pride for Hindustan Zinc as they progress in the future by reducing their carbon footprint aligned with their emission control journey. This transition to green power at Pantnagar will help reduce carbon emissions by 37,936 MT of CO2e.
This move will enable the company to create positive footprints in the area of product stewardship and developing green products.
Commitment to Net Zero
Arun Misra, CEO, Hindustan Zinc said, “This transition to 100% green power supply to Pantnagar unit will serve as a key initiative towards our commitment to Net Zero and will be helping us in developing the green product range which will enhance the relationship with stakeholders and build the trust among them.”
Climate change initiatives
“We are also committed to investing US$ 1 billion over the next five years in our climate change initiatives, which will further enhance our ESG value proposition. The company has also executed a long-term renewable power delivery agreement up to a capacity of 200 MW with SPV and will be investing 350 crores.”, he added.
ESG performance
Hindustan Zinc is committed to improving its ESG performance for which they have set stringent sustainability goals to achieve by 2025 and adopted a holistic approach to attaining the same.
Responsible sourcing
0.5 million of Carbon Emission reduction from the base year 2017; achieve 5 times Water Positivity from current 2.41 times, and a 25% reduction in Freshwater Consumption; 3 times more gainful utilization of Smelting Process Waste; Protection and Enhancement of Biodiversity throughout the life cycle; 30% diverse and inclusive Workforce, Implementation of 100% responsible sourcing in Supply Chains and impacting 1 million lives are the major Sustainable Goals to be achieved by 2025.
Stimulating a ‘Zero Waste and Zero Discharge Culture’ driven by sustainable operations with complete transparency and conservation of natural or human resources is the way forward for Hindustan Zinc.
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