NSEPress Release9 Sept 2026 · 9 Sept 2026, 03:48 pm
Press Release
Hindustan Zinc Limited · HINDZINC
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Hindustan Zinc Limited has signed a six-year transportation agreement with MFL India Limited for the deployment of 30 electric trucks for concentrate transportation, reinforcing the Company's ongoing mine-to-smelter decarbonisation initiative.
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Full Announcement
Hindustan Zinc Limited has informed the Exchange regarding a press release dated September 09, 2026, titled "Hindustan Zinc Limited has signed a six-year transportation agreement with MFL India Limited for the deployment of 30 electric trucks for concentrate transportation, reinforcing the Company's ongoing mine-to-smelter decarbonisation initiative".
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HZL/2026-27/SECY/80 September 09, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor Plot No., C/l, G Block
Dalal Street, Fort Bandra-Kurla Complex, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Kind Attn: General Manager – Department Kind Attn: Head Listing & Corporate
of Corporate Services Communication
Scrip Code: 500188 Trading Symbol: HINDZINC
Dear Sir/Ma’am,
Sub: Press Release
We are pleased to inform you that Hindustan Zinc Limited has signed a six-year transportation
agreement with MFL India Limited for the deployment of 30 electric trucks for concentrate
transportation, reinforcing the Company's ongoing mine-to-smelter decarbonisation initiative. The
Press Release in this regard is enclosed.
The same is also available on the website of the Company at www.hzlindia.com.
The disclosure is being made in compliance with Regulation 30 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
This is for your information and records.
Thanking You.
Yours faithfully,
For Hindustan Zinc Limited
Aashhima V Khanna
Company Secretary & Compliance Officer
Encl: as above
Hindustan Zinc deploys 30 New Electric Trucks, accelerates Mine-to-
Smelter Decarbonisation
• Company signs six-year contract with MFL for concentrate transportation from Rampura Agucha
Mine
• Enabled dedicated EV charging infrastructure for reliable mine-to-smelter electric logistics
Udaipur, 9th September 2026: Hindustan Zinc Limited (BSE: 500188 | NSE:
HINDZINC), the world’s largest integrated zinc producer and among the top ten silver
producers globally, has signed a six-year transportation contract with MFL India Limited
for the deployment of 30 electric trucks for concentrate transportation, accelerating the
electrification of its mine-to-smelter logistics network. MFL India Limited is a logistics
solutions provider focused on enabling reliable, efficient, and sustainable movement of
materials across critical industries.
Under the contract, extendable by a further two years, electric trucks will be progressively
inducted to replace conventional diesel vehicles used for transporting zinc and lead
concentrate from Rampura Agucha, the world’s largest underground zinc mining
operations to its smelting operations in Rajasthan. MFL will also establish and operate
dedicated EV charging infrastructure to support the fleet, creating the ecosystem required
for reliable electric mobility across a critical industrial logistics route.
Mr. Amarendu Prakash, CEO & Whole-time Director, Hindustan Zinc Limited, said,
“The future of mining will be defined not only by the metals we produce, but by how
responsibly and efficiently we produce and move them. The contract for deployment of
EV trucks for concentrate transportation is yet another step towards that future,
demonstrating how industrial decarbonisation can strengthen competitiveness while
creating an ecosystem in which our partners and communities grow with us.”
Recognising the higher capital requirements associated with emerging technologies such
as EVs and LNG, Hindustan Zinc is working with MFL to enable a phased transition to
cleaner mobility, progressively replacing conventional vehicles as the EV fleet and
charging infrastructure are established, while ensuring continued participation of local
drivers in the transportation network.
Mr. Anil Thukral, Chairman & Managing Director, MFL India Limited, said, “We are
proud to partner with Hindustan Zinc in advancing the transition to cleaner industrial
logistics. This deployment demonstrates how electric mobility can be effectively
integrated into large-scale transportation networks, supported by the right charging
infrastructure and operational planning. Together, we are building a scalable model for
sustainable logistics that delivers both environmental benefits and long-term operational
value.”
Sensitivity: Public (C4)
The deployment builds on Hindustan Zinc’s growing adoption of cleaner mobility across
its integrated operations. During FY2026, the company added 42 electric vehicles for
transporting materials across its operations, expanding its green logistics fleet to 232
vehicles including 52 EVs and 180 LNG vehicles. Hindustan Zinc has steadily expanded
electric and alternative-fuel mobility across different parts of its operations. The company
pioneered the deployment of battery electric vehicles in underground mining at Sindesar
Khurd Mine in Rajpura Dariba, Rajasthan and has subsequently expanded cleaner
mobility across mining equipment, material transportation and workforce mobility.
The transition is part of Hindustan Zinc’s wider decarbonisation roadmap to achieve Net
Zero emissions by 2050 or sooner. The company has increased the share of renewable
energy in its power mix to nearly 22% and continues to scale renewable power,
electrification, energy efficiency and low-carbon technologies across its operations and
value chain.
About Hindustan Zinc
Hindustan Zinc Limited (BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s largest integrated zinc producer
and is amongst the top 10 silver producers globally. The company supplies to more than 35 countries and holds a market share of
about 74% of the primary zinc market in India. Hindustan Zinc has been recognized as the world’s most sustainable company in the
metals and mining category for the third consecutive year by the S&P Global Corporate Sustainability Assessment 2025, reflecting its
operational excellence, innovation, and leading ESG practices. The company also became the first Indian company to join the
prestigious International Council on Mining & Metals (ICMM) in 2025. The company also launched EcoZen, Asia’s first low carbon
‘green’ zinc brand, produced using renewable energy. Hindustan Zinc is also a certified 3.32 times Water-Positive company and is
committed to achieving Net Zero emissions by 2050 or sooner. The company is also transforming the lives of 2.6 million people through
its focused social welfare initiatives. As an energy transition metals company, Hindustan Zinc is pivotal in the journey of sourcing
critical metals essential for a sustainable future.
For more information, please visit – https://www.hzlindia.com/home/ and follow us on LinkedIn, X, Facebook and Instagram for more
updates.
For media queries, please contact:
Maitreyee Sankhla
Head Corporate Communications
Hindustan Zinc Limited
Maitreyee.Sankhla@vedanta.co.in
Sensitivity: Public (C4)