Hindustan Zinc Raises Renewable Power Share to 22% From 18% in FY26

New Delhi: Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said that it has raised the share of green energy in its current overall power consumption to 22 per cent, up from approximately 18 per cent in FY2025-26.

The company is progressing towards meeting approximately 70 per cent of its overall power requirements through renewable energy by FY2027-28, it said.

Across its business units in Rajasthan and Uttarakhand, Hindustan Zinc has continued to strengthen its renewable power generation capabilities. During FY’26, the company generated 892 million units of green power, compared with 632 million units in FY’25.

The increase in green power generation, along with renewable power procurement, has contributed to the steady growth of renewable energy in the company’s overall power mix, the company said in a filing to BSE.

“The company is progressing towards its ambition of sourcing 70 per cent of its total electricity requirements from renewable sources by FY28,” it said in a statement.

To support this target, Hindustan Zinc expanded its round-the-clock renewable energy power delivery agreement with Serentica Renewables from 450 MW to 530 MW.

In addition, Hindustan Zinc is advancing its energy transition by upgrading power connectivity from the state transmission network to the central transmission utility, alongside implementing innovative in-house projects that support a cleaner, more resilient and energy-efficient future.

Key initiatives include enhancing waste heat recovery boiler steam turbine generation through efficiency improvements and harnessing renewable energy through floating solar installations on water ponds.

“With renewable power now accounting for 22% of our power consumption and our ambition to take this to 70% by FY28, we are demonstrating that clean energy is not simply a decarbonization lever; it is fundamental to creating a more resilient, competitive and responsible business,” the company’s CEO Amarendu Prakash said.

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