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Hindustan Zinc has signed a six-year transportation contract with MFL India to deploy 30 electric trucks for moving zinc and lead concentrate from its Rampura Agucha mine to smelting facilities in Rajasthan.
The contract, which can be extended by another two years, will see the electric trucks gradually replace diesel vehicles currently used to transport the mineral concentrate.
MFL India will set up and operate dedicated charging infrastructure for the electric fleet. The transition will take place in phases as the trucks and charging network are brought into operation, Hindustan Zinc said.
The company said the move will also retain the involvement of local drivers in its transportation network.
Expanding electric fleet
Hindustan Zinc has been increasing its use of electric and alternative-fuel vehicles across its operations.
During FY2026, the company added 42 electric vehicles for material transportation, taking its combined electric and LNG fleet to 232 vehicles. This includes 52 electric vehicles and 180 LNG vehicles, according to an exchange filing.
The company has also deployed battery-electric vehicles for underground mining at its Sindesar Khurd mine in Rajpura Dariba, Rajasthan. It is expanding the use of electric and alternative-fuel vehicles across mining equipment, material transportation and employee mobility.
Hindustan Zinc has set a target of achieving net-zero emissions by 2050 or earlier. Renewable energy accounted for nearly 22% of its power mix, the company said.
Strong June quarter
The latest transportation deal comes after Hindustan Zinc reported a sharp increase in profit and revenue in the June quarter.
Net profit more than doubled to ₹5,469 crore, up 144% from ₹2,234 crore in the same quarter a year earlier. The result also exceeded the CNBC-TV18 poll estimate of ₹5,059 crore.
Revenue rose 77% to ₹13,747 crore from ₹7,771 crore a year earlier, beating the CNBC-TV18 poll estimate of ₹12,599 crore.
The contract, which can be extended by another two years, will see the electric trucks gradually replace diesel vehicles currently used to transport the mineral concentrate.
MFL India will set up and operate dedicated charging infrastructure for the electric fleet. The transition will take place in phases as the trucks and charging network are brought into operation, Hindustan Zinc said.
The company said the move will also retain the involvement of local drivers in its transportation network.
Expanding electric fleet
Hindustan Zinc has been increasing its use of electric and alternative-fuel vehicles across its operations.
During FY2026, the company added 42 electric vehicles for material transportation, taking its combined electric and LNG fleet to 232 vehicles. This includes 52 electric vehicles and 180 LNG vehicles, according to an exchange filing.
The company has also deployed battery-electric vehicles for underground mining at its Sindesar Khurd mine in Rajpura Dariba, Rajasthan. It is expanding the use of electric and alternative-fuel vehicles across mining equipment, material transportation and employee mobility.
Hindustan Zinc has set a target of achieving net-zero emissions by 2050 or earlier. Renewable energy accounted for nearly 22% of its power mix, the company said.
Strong June quarter
The latest transportation deal comes after Hindustan Zinc reported a sharp increase in profit and revenue in the June quarter.
Net profit more than doubled to ₹5,469 crore, up 144% from ₹2,234 crore in the same quarter a year earlier. The result also exceeded the CNBC-TV18 poll estimate of ₹5,059 crore.
Revenue rose 77% to ₹13,747 crore from ₹7,771 crore a year earlier, beating the CNBC-TV18 poll estimate of ₹12,599 crore.
