Lloyds Metals and Energy Limited have received environmental clearance from the Ministry of Environment, Forest, and Climate Change to establish a 1.2 million tonne per annum wire rod project and a 4 million tonne per annum pellet plant in Maharashtra.
March 17, 2025
Lloyds Metals and Energy Limited have received environmental clearance from the Ministry of Environment, Forest, and Climate Change for two large-scale projects in Ghugus, Chandrapur, Maharashtra. The company plans to establish a 1.2 million tonne per annum wire rod project and a 4 million tonne per annum pellet plant.
The announcement follows Lloyds Metals’ strong performance in its direct reduced iron (DRI) production, which saw a 22% year-on-year growth, reaching 238,000 tonnes in the nine-month period ending January 2025.
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Previously, the company launched notable projects in Maharashtra, including a 3,24,000-tonne sponge iron plant, a 0.216 million-tonne coal washery, and a 25 MW power plant. The latest expansion plans also include a 0.84 million tonne per annum blast furnace, a 0.4 million tonne per annum coke oven, a 670-tonne-per-day oxygen plant, and a 1.05 million tonne per annum EAF-based steel melting shop.
