LLOYDSMENSELloyds Metals And Energy LimitedMediumPositive
Announced Mon, 4 May · 09:00 IST

Intimation of successfully commissioning of Second 4 MTPA Pellet Plant at Konsari in record time of 16 months from the date of commencement of construction.

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Lloyds Metals and Energy has successfully commissioned its second pellet plant of 4 million tonnes per annum capacity at Konsari, Maharashtra. The plant was completed in a record 16 months from commencement of construction. With this addition, the company's total own pellet capacity at Konsari reaches 8 MTPA, making it one of India's largest merchant pellet players. The existing first plant is already at 100% capacity utilization. The plant draws feedstock from the company's captive iron ore mines at Surjagarh via an 85-kilometre slurry pipeline commissioned in June 2025, providing a fully integrated value chain.

Likely market impact

The commissioning significantly expands the company's production capacity and strengthens its integrated operations, potentially boosting revenue from both domestic and export pellet sales. This milestone demonstrates strong execution capabilities and positions the company for growth in India's expanding steel market.