Vedanta is set to invest over ₹1 lakh crore in Rajasthan, spanning its zinc, renewable energy, and oil and gas sectors. The initiative is expected to foster the development of over five-hundred downstream industries, and promote import substitution.
Hindustan Zinc, a Vedanta group company, plans to invest ₹30,000 crore to double its zinc production capacity from 1.2 MTPA to 2 MTPA, increase silver output from 800 tons to 2,000 tons, and establish a one MTPA fertilizer plant.
Cairn Oil & Gas, a Vedanta Ltd subsidiary, will invest ₹35,000 crore to boost its production capacity to three lakh barrels per day. Additionally, Serentica Renewables, another Vedanta group entity, will allocate ₹50,000 crore to develop 10,000 MW of renewable energy capacity.
As reported by projectstoday.com, this will support Vedanta’s broader investments, aid in energy transition, and uphold green manufacturing practices by meeting the highest environmental standards.
