Hindustan Copper plans big capacity expansion over 8 years
COAL & MINING

Hindustan Copper plans big capacity expansion over 8 years

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.

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.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?