Hindustan Zinc CEO Arun Misra, a member of the Vedanta group said the business is trying to increase its presence in the manufacture of zinc alloys and has been given permission to build a 30 KTPA facility.
The change will allow the firm to supply goods with added value made of zinc alloy on the domestic market and allow for the manufacturing of those goods.
“As we surge ahead towards the fulfilment of our ambitions, we are also looking at expanding our footprint in the production of zinc alloys and have obtained the Consent to Establish (CTE) a 30 kt plant for Hindustan Zinc Alloys Pvt Ltd (HZAPL),” Misra said in the company’s integrated annual report for 2021-22.
The factory will reportedly be built in Dariba, Rajasthan, according to reports.