Mr. B Prabhakaran, MD of Lloyds Metals & Energy Ltd

Rahulpatel399110 Feb, 2025Business

Mr. B Prabhakaran, MD of Lloyds Metals & Energy Ltd., in an exclusive interview with ET Now, discussed the ambitious plan of raising ₹4100 Cr for a 4MTPA pellet plant in Maharashtra. At Lloyds Metals & Energy Ltd., we are poised to increase our total capacity from 10MTPA to 25MTPA by FY 25-26, pending environmental clearance are expected within 9-12 months. This expansion will feature a new supply chain on India's western side, equipped with a slurry pipeline and rail transport, significantly reducing carbon footprints and energy costs.