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HZL/2026-27/SECY/44 June 22, 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 signs MoU with Advantek Associates LLP &
Aero Eagle Automobiles Private Limited to explore Hydrogen Fuel solutions. 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, the first in India’s mining sector to explore Hydrogen
Fuel solutions, signs MoU with Advantek Associates & Aero Eagle
Automobiles
• Initiative to focus on feasibility studies, pilot projects, and phased deployment of
green hydrogen solutions.
• Collaboration to assess hydrogen applications across underground mining, heavy
earth-moving machinery, surface vehicles, generators and other operational
assets
Udaipur, 22 June 2026: Hindustan Zinc Limited (BSE: 500188 & NSE: HINDZINC), the
world’s largest integrated zinc producer and one of the top 10 silver producers globally,
has signed a Memorandum of Understanding (MoU) with Advantek Associates LLP and
Aero Eagle Automobiles Private Limited to explore the adoption of green hydrogen and
alternative clean energy solutions across its operations. The collaboration aims to
evaluate innovative technologies that can support the transition towards low-carbon and
future-ready mining. Through this MoU, Hindustan Zinc is set to pioneer the use of
hydrogen fuel for underground mining applications, positioning it to become the only
company to deploy this technology in such environments.
The collaboration is part of Hindustan Zinc’s larger strategy to build future-ready, low-
carbon and technology-led mining operations, aligned with its commitment to become Net
Zero by 2050 or sooner. As mining and heavy industry continue to be among the most
difficult sectors to decarbonise, clean fuel technologies such as hydrogen are emerging
as important pathways for reducing emissions in high-capacity, energy-intensive and
hard-to-electrify applications. Through this MoU, Hindustan Zinc aims to evaluate
hydrogen-based technologies that can support its long-term decarbonisation roadmap
while strengthening operational efficiency and sustainable value creation.
Commenting on the development, Arun Misra, CEO, Hindustan Zinc Limited, said,
“At Hindustan Zinc, we are focused on pioneering solutions that can redefine the future
of sustainable mining. Hydrogen has the potential to support cleaner mobility, reduce
emissions from heavy-duty equipment and create new pathways for decarbonising hard-
to-abate industrial operations. This collaboration is a forward-looking step in evaluating
hydrogen-based technologies, including their potential application in underground mining,
as we continue to build a future-ready metals business aligned with global sustainability
benchmarks.”
The partnership will focus on conducting comprehensive feasibility assessments for
hydrogen-based technologies, including green hydrogen generation, storage, dispensing
infrastructure, and hydrogen-powered equipment. It will also evaluate the potential use of
Hydrogen Internal Combustion Engine (H2-ICE) and fuel cell technologies across mining
and industrial applications. A key area of exploration will be the use of hydrogen fuel
solutions in underground mining environments, positioning Hindustan Zinc among the
early movers in India’s mining sector to assess such applications.
Sensitivity: Internal (C3)
The initiative will follow a phased approach, beginning with technical, operational, safety,
environmental and financial feasibility studies. Based on the outcomes, the collaboration
may be scaled further to enable broader deployment across mining equipment, heavy
earth-moving machinery, underground and surface vehicles, generators and other
operational assets. The partnership is expected to play a pivotal role in building internal
capabilities for next-generation fuels and accelerating the adoption of sustainable energy
solutions within the metals and mining sector.
The initiative is aligned with Hindustan Zinc’s broader Environment, Social & Governance
(ESG) roadmap, which prioritises decarbonisation, energy transition, and responsible
natural resource management. Aligned with its Science Based Targets initiative (SBTi)
validated goals and membership of the International Council on Mining and Metals
(ICMM), Hindustan Zinc continues to advance its sustainability journey with a strong focus
on decarbonisation and energy transition. The company has increased renewable energy
to nearly 18% of its power mix while accelerating progress through cleaner technologies
and operational efficiencies.
Hindustan Zinc, a Vedanta group company, has been recognised as the world’s most
sustainable metals and mining company for the third consecutive year in the S&P Global
Corporate Sustainability Assessment 2025. Through this strategic collaboration, the
company continues to reimagine industrial operations by integrating cutting-edge clean
energy solutions, enabling a transition towards a low-carbon and future-ready metals
industry.
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 40 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: Internal (C3)