Page 129 - CW E-Magazine (31-12-2024)

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AMBITIOUS TARGET

Hindustan Zinc plans to raise renewable energy

contribution to 70% by 2027

Hindustan Zinc Ltd. (HZL), India’s This has been achieved through initia- Range of initiatives
largest and the world’s second-largest tives such as upgrading infrastructure As part of its focus on energy effi -
integrated zinc producer, is accelerating and transitioning to cleaner alternatives ciency, HZL has implemented a range
its sustainability efforts by targeting a like piped natural gas. HZL has also of initiatives, including revamping
renewable energy contribution of over reduced its greenhouse gas emissions turbines at captive power plants, en-
70% of its total power requirements by intensity by 14% compared to 2020, hancing cellhouse effi ciencies, and in-
2027. while increasing production volumes. stalling variable frequency drives. The
company has also shifted from high-
The company aims to achieve this by “Sustainable practices and good speed diesel to piped natural gas, fur-
expanding its renewable power delivery business sense are two sides of the ther reducing its carbon footprint.
agreement from 450-MW to 530-MW, same coin. Our energy and climate
which will enhance its capacity to action initiatives are aimed at creat- HZL is the fi rst Indian company in
source round-the-clock renewable ing long-term value for our stakehol- the metals and mining sector to secure
energy and signifi cantly reduce its ders while contributing to a healthier validated Science Based Targets Initi-
carbon emissions. planet. We are committed to adopting ative (SBTi) targets aligned with the
renewable energy sources, optimising 1.5°C global warming threshold. Addi-
The company has already made resource use, and investing in innova- tionally, the company has earned a
substantial progress in energy effi ciency, tive technologies that align with global Leadership Band (A-) designation from
saving over 0.8 million Gigajoules climate action goals,” Ms. Priya Agarwal the Carbon Disclosure Project (CDP)
(GJ) in FY24, equivalent to powering Hebbar, Chairperson, HZL, said in a for its efforts in water security and
around 70,000 households for a year. statement. climate change.

RENEWABLE ENERGY
KPI Green Energy inks MoU with Rajasthan

Government

KPI Green Energy, which is pri- wind power projects in Jaisalmer “By signing this MoU, the com-
marily engaged in the development (Ramgarh), Rajasthan. pany will demonstrate its mutual com-
of the balance of plants of wind mitment to the growth of the renew-
power projects and allied services The government of Rajasthan able energy sector and our vision for a
related to them, has signed a Memo- would facilitate the necessary permis- sustainable, clean energy future,” the
randum of Understanding (MoU) sions, clearances, etc. from concerned company, which is also into the genera-
with the Government of Rajasthan for departments of the State as per the tion of electricity through its own wind
the development of hybrid, solar & existing policies, rules, and regulations. power-generating assets, added.

Navin Fluorine announces executive resignations

Navin Fluorine International Ltd. 10, 2025 to pursue interests outside company effective from the close of
has announced that Mr. Amrit Singh, the Company. business hours of December 31, 2024
CEO, Specialty Business, has tende- to pursue interests outside the com-
red his resignation from the services Mr. R. Janakiraman, Chief Supply pany. The company will induct in due
of the company effective from the Chain Offi cer, has also tendered his course, a senior professional for the
close of business hours of February resignation from the services of the post of Chief Supply Chain Offi cer.

128 Chemical Weekly December 31, 2024 Chemical Weekly December 31, 2024 129

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