Tata Steel has announced capacity expansion, acquisition and a tie-up among others to scale operations in the future.
In line with its stated objective of pursuing prudent capital allocation and profitable growth, Tata Steel said it will prioritise investments in volume growth, value added downstream portfolio, in identified mining assets and infrastructure to serve the needs of the India business and in new to the world low carbon low capital intensity process technologies for sustainable steel making of the future.
The company’s Board has accorded in-principle approval for the 4.8 MTPA capacity expansion at Neelachal Ispat Nigam Ltd. This is Phase 1 of the capacity expansion in NINL and will enable Tata Steel to further expand the long products portfolio especially in the highly profitable retail space and capitalize on the growth of construction sector in India through new products and solutions.
To further enhance finished steel capacity in flats products, the Board has approved the funds required to undertake the design and engineering work to set up of a 2.5 million tonne Thin Slab Caster and Rolling facilities at Tata Steel Meramandali and also progress on seeking all regulatory approvals for the expansion. This will expand the finished steel capacity particularly of thinner gauge products by 2.5 MTPA, the company said.
Towards expanding its downstream facilities across various product lines to serve the needs of its customers, the company’s Board has approved the plan to set up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its existing Cold Rolling Complex in Tarapur, Maharashtra.
“This will be ‘first of its kind’ facility in India and will enable Tata Steel to meet the requirements of its automotive customers for import substitution and further consolidate its leadership position in this segment,” the company said.
Tata Steel said it has signed a MoU with Lloyd Metals & Energy Ltd to partner in the areas of iron ore mining, logistics including slurry pipeline, pellet and steel making. Both companies will jointly explore the following opportunities in the Gadchiroli district of
Maharashtra to operate mining concessions and associated infrastructure, with the objective to increase iron ore production and be a prominent player in this growing region developing as a new iron ore hub of India, to develop a greenfield 6 million tons steel capacity by Tata Steel in two phases and to cooperate in the proposed integrated steel projects already being developed by Lloyds Metals & Energy Ltd (LMEL) in Gadhchiroli.
The company has also signed definitive agreements to acquire 50.01% stake in Thriveni Pellets Private Ltd (TPPL), subject to regulatory approvals. TPPL owns 100% stake in Brahmani River Pellet Limited (BRPL), which operates a 4 MTPA pellet plant at Jajpur, Odisha along with a 212 kms slurry pipeline. LMEL holds the balance 49.99% stake in TPPL.
Published – December 10, 2025 09:32 pm IST
