Hindustan Copper plans big capacity expansion over 8 years

13 Sep 2022 CW Team

Hindustan Copper Ltd (HCL) is considering increasing copper ore production to 12.2 million tonnes (MT) per annum by FY29 in its first phase of expansion. The state-owned company's copper ore production was 3.57 MT in FY22.

"HCL has plans to increase its mining capacity from its current level ore production to 12.2 million tonne per annum in Phase I in the next seven to eight years," the public sector unit said.

The company further plans to increase its output to 20.2 MTPA after the completion of its first phase capacity expansion. The company had during FY11 envisaged increasing its mine production capacity from 3.4 MTPA to 12.2 MTPA. This was subsequently revised to 20.2 MTPA in order to boost domestic production of copper metal to reduce dependence on imports, it said.

HCL also said that the proposed expansion of Malanjkhand Copper Project (MCP) will augment the ore production capacity from 2 to 5 MTPA by developing an underground mine below the existing open pit, whose life is coming to an end.

"The proposed expansion of mines at western sector will increase ore production capacity from existing 1.0 to 3.0 MTPA," the company said.

HCL expects that sinking of shaft, deepening of various winzes will increase production capacity from 0.4 MTPA to 0.9 MTPA at the Surda mine.

The company has initiated actions to re-open closed mines, and develop new underground mines at Singhbum Copper Belt of Indian Copper Complex (ICC), namely the Kendadih and Rakha mines.

The turnover of the company during FY22 increased by 2.92 per cent to Rs 18.12 billion crore as against Rs 17.61 billion in FY21.

Infrastructure Urban

09 Jan 2026

Mount Expands Tumkur Facility with New Automated Panel, PEB Lines

Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across pre-engineered building (PEB) and polycarbonate sheets, simultaneously inaugurated its second fully automated continuous sandwich panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur.The milestone expansion, part of a total investment of Rs 250 crore, marks a significant advancement in the company's commitment to engineered performance, manufacturing scale, and industrial growth. The integrated facility spans approx..

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..