Vedanta will make an investment of over Rs one lakh crore in Rajasthan across its zinc, and renewable energy and oil and gas verticals.

This will help in creation of two lakh employment opportunities, development of more than 500 downstream industries across multiple areas.

Hindustan Zinc, a Vedanta Group firm, will invest Rs 30,000 crore to double zinc capacity from 1.2 MTPA to two MTPA, silver from 800 tonne to 2,000 tonne, and set up a one MTPA fertiliser plant  Cairn Oil & Gas, a subsidiary firm, will invest Rs 35,000 crore in augmenting capacity to three lakh barrels per day.

Vedanta Group entity Serentica Renewables will invest Rs 50,000 crore to develop 10,000 MW renewable power capacity to support the investment, help in energy transition and ensure highest environmental standards and green manufacturing.

Vedanta also announced an industrial park around the Udaipur area on a non-profit basis, for small and medium scale industries from Rs five crore onwards.