MoU signed for building world’s 3rd largest cricket stadium in Jaipur

Vedanta’s Hindustan Zinc Limited (HZL) has signed a memorandum of understanding (MoU) with the Rajasthan Cricket Association (RCA) for the development of world’s 3rd largest cricket stadium in the village Chonp in Jaipur.

Vedanta’s HZL will spend INR 300 crore on the stadium, one of the largest corporate investments in India’s sports infrastructure. The stadium will be named “Anil Agarwal International Cricket Stadium, Jaipur”.

The MoU was signed by Bhawani Shankar Samota, Honorary Secretary, RCA and Arun Misra, CEO, HZL, in the presence of Dr. C.P. Joshi, Hon’ble Speaker, Rajasthan Vidhan Sabha and Chief Patron, RCA; Priya Agarwal Hebbar, Chairperson, HZL and Non-Executive Director, Vedanta Ltd. and Vaibhav Gehlot, President, RCA.

The stadium facilities will be spread across 100 acres and have a seating capacity of more than 75,000. Only Ahmedabad’s Narendra Modi Stadium and Melbourne Cricket Ground have larger seating capacity than this stadium. In terms of the size of playing field area, this stadium will be largest in the world.

On this occasion, C.P. Joshi expressed happiness at the generous offer from HZL and signing of the MoU. He said that this would accomplish the long-felt dream of constructing a modern international cricket stadium at Jaipur. He thanked Sh. Anil Agarwal and Ms. Priya Agarwal Hebbar for their support for the first phase of the stadium. He hoped the second phase of the stadium would also be supported by Vedanta. He said the new stadium would help develop new cricketing talent. He also hoped that Vedanta would help young entrepreneurs to come up in Rajasthan.

Vaibhav Gehlot, President, Rajasthan Cricket Association highlighted the history and achievement of RCA. He warmly welcomed Priya Agarwal Hebbar for joining the important function and profusely thanked Anil Agarwal, Chairman, Vedanta Group for extending support towards the construction of the stadium. He hoped that similar support would be forthcoming for the construction work of the second phase and also thanked the State Government for allotting 100 acres of land for the stadium at concessional rates. He expressed his gratitude to Dr. C.P. Joshi, Chief Patron, RCA for the continuous support extended by him in this journey.

Kumar Sangakkara, Head Coach of Rajasthan Royals expressed happiness at the construction of the proposed stadium. He hoped that this venture would give encouragement to new talent.

Vedanta Chairman, Anil Agarwal, shared his vision for this contribution saying: “Sport gives us the best life lessons in leadership, teamwork, competition and hunger to succeed. If India’s youth participate 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. Let’s play.”

Speaking at the occasion, Priya Agarwal Hebbar, Chairperson, Hindustan Zinc Limited and Non-Executive Director, Vedanta Ltd. said: “Cricket is a national passion. We are proud and privileged to have the opportunity to set up this world-class facility which will benefit players and spectators. India has huge potential as a sporting nation. Vedanta and HZL are committed to creating a best-in-class enabling environment for the flourishing of our country’s talent and interest in sports.”

The stadium will be completed in phases. A 40,000 capacity is set to be completed by October 2023. The overall project of first phase will cost Rs. 400 crores, out of which Rs. 300 crores will be borne by HZL and the remaining Rs. 100 crores will be taken care of by RCA.

The stadium will have an indoor games facility, training centers for other sports, a clubhouse, and parking for 3,500 vehicles.

News Desk

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