HINDZINC NSE filing

Hindustan Zinc inks 6-year deal for 30 electric trucks to boost decarbonisation

The RealCase readMedium impact Positive

Hindustan Zinc has signed a six-year contract with MFL India Limited for 30 electric trucks to transport concentrate from Rampura Agucha Mine. This deal accelerates HZL's mine-to-smelter decarbonisation initiative. MFL will also provide dedicated EV charging infrastructure. This partnership aims to enhance sustainable logistics and reduce emissions.

Why it matters

The introduction of 30 electric trucks and the development of charging infrastructure represent a significant investment in sustainable logistics, which will contribute to reducing operational costs and environmental impact over the long term.

The market read

The announcement details a strategic partnership focused on environmental sustainability through the adoption of electric vehicles for transportation, which is a positive development for the company's decarbonisation goals.

Hindustan Zinc Limited (HZL) has entered into a six-year transportation agreement with MFL India Limited for the deployment of 30 electric trucks. This initiative is a significant step in the company's ongoing mine-to-smelter decarbonisation efforts.

The agreement, which can be extended by an additional two years, will see electric trucks progressively replace conventional diesel vehicles. These trucks will transport zinc and lead concentrate from the Rampura Agucha Mine to HZL's smelting operations in Rajasthan. MFL India Limited will also be responsible for establishing and operating dedicated EV charging infrastructure to support the fleet, thereby creating a necessary ecosystem for reliable electric mobility on this crucial industrial route.

Mr. Amarendu Prakash, CEO & Whole-time Director of Hindustan Zinc, stated that this contract is a move towards responsible and efficient production and transportation of metals, demonstrating how industrial decarbonisation can enhance competitiveness while fostering growth for partners and communities. He also noted that HZL 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 the continued participation of local drivers.

Mr. Anil Thukral, Chairman & Managing Director of MFL India Limited, expressed pride in partnering with Hindustan Zinc to advance cleaner industrial logistics. He highlighted that this deployment showcases the effective integration of electric mobility into large-scale transportation networks through proper charging infrastructure and operational planning, creating a scalable model for sustainable logistics that offers both environmental benefits and long-term operational value.

This deployment builds upon Hindustan Zinc's increasing adoption of cleaner mobility solutions. In FY2026, the company added 42 electric vehicles, expanding its green logistics fleet to a total of 232 vehicles, comprising 52 EVs and 180 LNG vehicles. Hindustan Zinc has been progressively expanding electric and alternative-fuel mobility across its operations, including pioneering the deployment of battery electric vehicles in underground mining and subsequently expanding cleaner mobility across mining equipment, material transportation, and workforce mobility.

The transition is part of HZL's broader decarbonisation roadmap, which aims to achieve Net Zero emissions by 2050 or sooner. The company has already increased the share of renewable energy in its power mix to nearly 22% and continues to scale up renewable power, electrification, energy efficiency, and low-carbon technologies across its operations and value chain.

Filing to action

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Hindustan Zinc Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Hindustan Zinc Limited. Read the original for the full detail.

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