Lloyds Plans Rs 20–22 Billion Steel Plant With 4 Mt Capacity

30 Sep 2025 CW Team

Lloyds Metals and Energy has announced plans to develop a large-scale integrated steel plant with an investment of approximately Rs 20–22 billion. The proposed facility will have a production capacity exceeding four million tonnes per annum and is expected to be completed within four to five years.

The move underlines Lloyds’ intention to strengthen its role in India’s expanding steel sector, driven by robust demand from construction, infrastructure, automotive, and engineering industries. The integrated plant will cover the full value chain, from raw material handling to finished steel products, enhancing efficiency and reducing dependence on external suppliers.

Company officials noted that the project would provide cost advantages and flexibility in meeting diverse demand segments. As steel is vital for national infrastructure, the facility aligns with the government’s goals of industrial growth and self-reliance.

The plant is also expected to generate substantial employment opportunities and support allied industries, including raw material suppliers, logistics providers, engineering services, and local businesses. Analysts suggest the investment will enable Lloyds to consolidate its domestic market position and explore export opportunities.

Industry experts view the expansion as a sign of confidence in India’s long-term steel demand, reflecting rising infrastructure spending and urban development trends.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..