India's Hindustan Zinc aims to switch to renewable energy in five-seven years, chairperson says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 08 2024
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Should l Buy ?
Source: Reuters
Hindustan Zinc's Renewable Energy Transition: Hindustan Zinc plans to transition to renewable energy over the next five to seven years, with a commitment to reduce reliance on thermal power, which currently accounts for over 90% of its emissions.
India's Energy Policy Context: While Hindustan Zinc aims for sustainability, India's government continues to support coal usage due to rising energy demands, despite efforts to lower greenhouse gas emissions and increase non-fossil fuel electricity generation.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
