Vedanta's Hindustan Zinc Limited (HZL) signed an MoU with the Rajasthan Cricket Association for the development of the world's third-largest cricket stadium in the village of Chonp in Jaipur.
Vedanta's HZL will spend INR 300 crore on the stadium, one of the largest corporate investments in Indias sports infrastructure.
The stadium would be named as Anil Agarwal International Cricket Stadium, Jaipur.
Once the stadium is christened it can accommodate around 40,000 spectators during an event while it will also have 11 cricket pitches, a cricket academy, two practice grounds, a hostel, a parking facility, a sports club, a hotel and a gym.
The entire facility will come up on a vast area as 100 acres of land that has been allotted by the Rajasthan government.
Currently Narendra Modi Stadium, Melbourne Cricket Ground and Eden Gardens are the top three largest stadiums respectively.
