Lloyds Metals & Energy has received approval to set up new 2 x 180 MW Thermal Power plant at Konsari, Maharashtra with an aggregate installed capacity of 360 MW. The estimated capital expenditure for the proposed power plant shall be Rs 3,240 crore. The project is proposed to be financed through a mix of debt and equity including internal accruals, as may be determined by the company.
The proposed power plant is expected to be completed by March 2029, Subject to receipt of necessary regulatory and statutory approvals. The board of directors of the company at their meeting held on November 03, 2026, has, inter alia, approved the same.
Lloyds Metals & Energy is into the business of manufacturing of sponge iron, power generation and mining activities.
