Hindustan Copper To Invest Rs 20 Billion In Expansion

16 Jun 2025 CW Team

This capital expenditure forms part of the company's broader plan to triple its annual ore production capacity from 4 million tonnes to 12.2 million tonnes by the 2030–31 financial year. The investment will be funded entirely by HCL and excludes separate revival efforts for the Rakha and Chapri mines in Jharkhand, which are being developed through a Public-Private Partnership (PPP) model.

A JSW Group company has been awarded the Mine Developer and Operator (MDO) contract for the Jharkhand blocks and is expected to invest around Rs 26 billion (USD 312 million), including the construction of a concentrator plant.

Of the Rs 20 billion committed by HCL, between Rs 14–15 billion will be directed toward the Malanjkhand Copper Project. This includes the development of underground mining infrastructure, installation of a paste-fill plant, and construction of a new concentrator facility. The remaining funds will support capacity enhancements at HCL’s Khetri operations in Rajasthan and the Indian Copper Complex (ICC) in Jharkhand.

At Khetri, the focus will be on boosting both mining and concentrator capacity, while the Rakha mine at the ICC is scheduled to restart operations by the fourth quarter of the current fiscal year.

The expansion programme aligns with HCL’s long-term strategy to increase domestic copper availability in response to surging demand from infrastructure, renewable energy, electric vehicles, and defence manufacturing sectors.

In the 2024–25 financial year, HCL reported its highest-ever revenue of Rs 20.71 billion (USD 248 million) and a pre-tax profit of Rs 6.34 billion (USD 76 million).

Over the last two years, the company has added more than 123 million tonnes of copper ore resources through exploration activities. It aims to further expand its reserves through upcoming mineral auctions and is actively pursuing partnerships, including a collaboration with Chilean mining giant CODELCO, to share expertise in mining and beneficiation technologies.

HCL remains India's only vertically integrated copper producer and currently controls access to around 45 per cent of the country’s copper ore resources.

State-run Hindustan Copper Ltd (HCL) will invest approximately Rs 20 billion (USD 240 million) over the next five to six years to expand its mining operations, primarily at its flagship Malanjkhand Copper Project (MCP) in Madhya Pradesh, according to Chairman and Managing Director Sanjiv Kr Singh.This capital expenditure forms part of the company's broader plan to triple its annual ore production capacity from 4 million tonnes to 12.2 million tonnes by the 2030–31 financial year. The investment will be funded entirely by HCL and excludes separate revival efforts for the Rakha and Chapri mines in Jharkhand, which are being developed through a Public-Private Partnership (PPP) model.A JSW Group company has been awarded the Mine Developer and Operator (MDO) contract for the Jharkhand blocks and is expected to invest around Rs 26 billion (USD 312 million), including the construction of a concentrator plant.Of the Rs 20 billion committed by HCL, between Rs 14–15 billion will be directed toward the Malanjkhand Copper Project. This includes the development of underground mining infrastructure, installation of a paste-fill plant, and construction of a new concentrator facility. The remaining funds will support capacity enhancements at HCL’s Khetri operations in Rajasthan and the Indian Copper Complex (ICC) in Jharkhand.At Khetri, the focus will be on boosting both mining and concentrator capacity, while the Rakha mine at the ICC is scheduled to restart operations by the fourth quarter of the current fiscal year.The expansion programme aligns with HCL’s long-term strategy to increase domestic copper availability in response to surging demand from infrastructure, renewable energy, electric vehicles, and defence manufacturing sectors.In the 2024–25 financial year, HCL reported its highest-ever revenue of Rs 20.71 billion (USD 248 million) and a pre-tax profit of Rs 6.34 billion (USD 76 million).Over the last two years, the company has added more than 123 million tonnes of copper ore resources through exploration activities. It aims to further expand its reserves through upcoming mineral auctions and is actively pursuing partnerships, including a collaboration with Chilean mining giant CODELCO, to share expertise in mining and beneficiation technologies.HCL remains India's only vertically integrated copper producer and currently controls access to around 45 per cent of the country’s copper ore resources.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Infrastructure Transport

05 Feb 2026

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Infrastructure Transport

05 Feb 2026

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..