Hindustan Zinc, Gujarat govt sign MoU for Rs 10,000 cr greenfield smelter

Located over 100 km from Hazira port and 90 km from the upcoming Magdala port, the unit will occupy 415 acres and will be operational by 2022

Leading zinc producer Hindustan Zinc Ltd (HZL) on Wednesday signed a memorandum of understanding (MoU) with Government of Gujarat for a greenfield zinc smelter project in Tapi in South Gujarat. 

On the back of the MoU, HZL will invest upto Rs 10,000 crore for setting up of the 300 kilo-tonnes per annum (ktpa) greenfield zinc smelter in Doswada industrial estate of Tapi district in South Gujarat. The MoU was signed by Government of Gujarat's additional chief secretary for industries and mines M K Das and HZL chief executive officer Arun Misra, with Anil Agarwal, founder and non-executive chairman of Vedanta