Vedanta's Hindustan Zinc (HZL) signed an MoU with the Rajasthan Cricket Association (RCA) for the development of the world’s third-largest cricket stadium in the village of Chonp in Jaipur.
According to the statement, HZL will spend INR 300 crore on the stadium, one of the largest corporate investments in India’s sports infrastructure. The stadium would be named “Anil Agarwal International Cricket Stadium.”
The MoU was signed by Bhawani Shankar Samota, Secretary at Rajasthan Cricket Association and Arun Misra, CEO of Hindustan Zinc.
The stadium facilities will be spread across 100 acres and have a seating capacity of over 75,000 and a 40,000 capacity is set to be completed by October 2023. Only Ahmedabad’s Narendra Modi Stadium and Melbourne Cricket Ground have been seating capacity them this stadium. In terms of the size of the playing field area, this stadium would be the largest in the world.
The stadium will be completed in phases and the overall project of the first phase will cost Rs 400 crore, out of which Rs 300 crore will be borne by Hindustan Zinc and the remaining amount of Rs 100 crore will be taken care of by RCA.
The stadium will have an indoor games facility, training centres for other sports, a clubhouse and parking for three and a half thousand vehicles.
The Anil Agarwal International Cricket Stadium will host national and international matches, including games of the IPL. The stadium and its facilities will help the development of Rajasthan as a major hub for cricket and other sports.
Kumar Sangakkara, Head Coach of Rajasthan Royals expressed happiness at the Construction of the proposed stadium. He hoped that this venture would encourage the new talent.
Vedanta Chairman, Anil Agarwal shared his vision for this contribution, “Sports gives us the best life lessons in leadership, teamwork, competition and hunger to succeed. If India's youth participates wholeheartedly with energy and passion, nurtured by world-class infrastructure, they will become an unbeatable talent pool. Vedanta dedicates this stadium and its facilities to new India.”