has invested in our products to achieve ambitious production targets.
Anirban Sen, business line manager underground rock excavation, HZL
, called the deal a close coordination between teams in Udaipur, Pune and Sweden.
The total consideration of USD1338 million will be funded through existing liquid resources with HZL
India's zinc demand is met mainly by the production from HZL
, although a private sector smelter with a capacity of 20,000 t/y also contributes to the primary zinc production in the country.
EBITDA was up by five per cent to ` 2,000 crore in Q2 FY15 as compared to previous year primarily due to higher LME prices despite lower volumes and the recent increase in royalty rates, HZL
54 per- cent stake in HZL
, but there were serious differences between the ministry of mines and the finance ministry, which was then headed by P.
The ministry of mines, which is the administrative ministry for HZL
, and the Department of Disinvestment, which oversees the stake sale of PSUs, have been issued the notices as well.
The government expects to sell its remaining stake in HZL
and Balco in 2014- 15.
With a market capitalisation of ` 56,006 crore, the government's stake in HZL
is valued at ` 16,521.