Lloyds Metals and Energy has entered into a Memorandum of Understanding (MoU) with Maharashtra Industrial Development Corporation (MIDC) on August 21, 2018 for acquisition of land admeasuring 50.29 H.R located at Plot No. A-1, Chamorshi (Konsari) Industrial Area, providing employment, electricity & water arrangement and payment of ETP charges as per MIDC.
Pursuant to this Memorandum of Understanding, the company has received the possession receipt on August 24, 2018 for Plot No, A-1 admeasuring 50.29 H.R. in Chamorshi (Konsari) Industrial Area.
Lloyds Metals and Energy is a coal based sponge iron producer. The company is engaged in the manufacturing of sponge Iron and steel, and generation/distribution of Power.