Latest news with #BPrabhakaran
Time of India
14 hours ago
- Business
- Time of India
Foundation stone for integrated steel plant soon at Konseri
Nagpur: The high court's decision to dismiss the public interest litigation (PIL) against the environmental clearance (EC) granted for Lloyds Metals and Energy Limited's (LMEL) iron ore mines clears the way for sourcing adequate raw material for the company's steel project at Konseri village in the same district, said managing director B Prabhakaran. The company will soon hold a foundation-laying event for its integrated steel plant at the site. This will be a facility producing a whole gamut of steel products. With a capacity of 4.5 million tonnes, it will be the biggest in Vidarbha, he said. The first phase pellet-making plant at the same site is also expected to become operational in the coming days. It has a capacity of 4 million tones. The slurry pipeline too will become operational along with it. The pipeline, which will transport iron ore in slurry form, will reduce the dependence on roads, he said. The second phase of the pellet making plant with a similar capacity is expected to get operational by December, said Prabhakaran. An integrated steel plant is akin to the facilities of Steel Authority of India Limited (SAIL) in Bhilai or Tata in Jamshedpur. Iron ore is the basic raw material for steel making. The clearance to expand the mining operation ensures a steady supply of ore, he said. The plant at Konseri is located around 100km away from the mines at Surjagarh. Currently, a direct reduced iron (DRI) plant is operational at the site.
Time of India
04-06-2025
- Business
- Time of India
Lloyds' Surjagarh mine set to be the first ‘green mine' of India
Gadchiroli: The Surjagarh iron ore mine (SIOM) of Lloyds Metals and Energy Ltd (LMEL) in Maharashra's Gadchiroli district is set to become the first 'green mine' in India, thanks to environment-friendly initiatives and strong focus on reducing carbon footprint in mining operations. SIOM has already achieved an annual reduction of 32,000 tonnes of CO2 emissions, said top company sources. Once the company transitions to renewable energy, this saving is likely to increase to around 50,000 tonnes annually through innovation, green technology in mining operations from drilling to dispatch. LMEL's decarbonisation of Surjagarh mine encompasses every aspect of mining operations, from drilling and loading to hauling and logistics. "Our core philosophy revolves around adopting green technology, improving efficiency, fostering innovation, and engaging employees and the local community in pursuit of 'green steel' production. This aligns perfectly with India's 'Net Zero' commitment. We are committed to the global goal of securing a 'green future for all' while striking a balance between development and sustainability," said B Prabhakaran, managing director of LMEL. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo After decarbonising operations, LMEL is focussing on green logistics in Gadchiroli district, which is an emerging steel manufacturing hub. It has reduced carbon footprint in iron ore transportation by introducing an 87km-long slurry pipeline from the grinding plant at Hedri to the pellet plant at Konsari. The laying and testing of the pipeline from the grinding plant at Surjagarh iron ore mines to Konsari has been completed. The slurry pipeline represents green logistics adopted by LMEL in its commitment to environment, sustainability, and responsible industrial operations. "The commissioning of the slurry pipeline marks the first such project in India after 11 years. This will be the fourth operational iron ore slurry pipeline in the nation and a first in Maharashtra," said Prabhakaran. The pipeline has a dual advantage -- lower freight cost and reduced carbon footprint. Under LMEL's 'Mission Green' initiative, inspired by the vision of producing 'green steel', over 3 lakh trees have been planted at various locations, and thousands of saplings have been distributed to people. In line with forest clearance conditions, LMEL allocated 377.58 hectares of private land in Arvi and Karanja talukas of Wardha district for compensatory afforestation, in lieu of 374.90 hectares diverted for Surjagarh iron ore mine. LMEL deposited Rs 2.49 crore with the Compensatory Afforestation Fund Management and Planning Authority and 3lakh native saplings were planted by the State Forest Department in Arvi taluka. Also, Surjagarh is poised to become the largest green fleet mining operation in the country, with its own electric vehicle charging station, said a top company official. Building upon the success in non-fossil fuel operations at its Surjagarh Iron Ore Mine, LMEL is now focusing on Banded Hematite Quartzite, which was historically considered a waste in iron ore mining. The initiative will transform waste into a valuable resource, thus contributing to national waste reduction and wealth creation.
