Lloyds Plans Rs 20–22 Billion Steel Plant With 4 Mt Capacity
POWER & RENEWABLE ENERGY

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

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.

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.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement