9 months ago
Tata Steel Expands with Major Acquisitions and Projects
Tata Steel is making big plans to grow.
They are buying a large part of a company called Thriveni Pellets, which has a factory in Odisha that makes pellets for steel.
They are also teaming up with another company, Lloyds Metals, to build a new steel plant in Maharashtra.
This plant will make 6 million tonnes of steel.
Tata Steel is also working on other projects to make more steel and improve their factories.
They want to use new technology to make steel in a better way.
All these plans need to be approved by the government first.
Tata Steel to acquire 50.01% stake in Thriveni Pellets for ₹636 crore, with the remaining stake held by Lloyds Metals.
Thriveni Pellets operates a 4 million tonnes per annum pellet plant in Jajpur, Odisha, along with a 212 km slurry pipeline.
Tata Steel and Lloyds Metals to jointly set up a 6 million tonnes greenfield steel plant in Gadchiroli, Maharashtra.
Tata Steel to set up a demonstration plant using HIsarna technology in Jamshedpur, aiming for low-carbon steel production.
Tata Steel plans to expand capacity at Neelachal Ispat Nigam, set up a Thin Slab Caster in Meramandali, and a Hot Rolled Pickling Line in Tarapur.
- Who
- Tata Steel, Lloyds Metals & Energy Ltd, Thriveni Earthmovers
- What
- Acquisition of 50.01% stake in Thriveni Pellets, joint greenfield steel plant, and multiple expansion projects
- Where
- Jajpur, Odisha; Gadchiroli, Maharashtra; Jamshedpur; Tarapur, Maharashtra
- When
- Agreements signed, with deals expected to close in 3-4 months
- Why
- To strengthen Tata Steel's supply chain, explore strategic partnerships, and expand production capacity
Key facts
- Company Acquiring
- Tata Steel
- Company Acquired
- Thriveni Pellets Pvt Ltd (TPPL)
- Stake Acquired
- 50.01%
- Remaining Stake
- 49.99% (held by Lloyds Metals)
- Pellet Plant Capacity
- 4 million tonnes per annum
- Pellet Plant Location
- Jajpur, Odisha
- Slurry Pipeline Length
- 212 km
- Greenfield Plant Location
- Gadchiroli, Maharashtra
- Greenfield Plant Capacity
- 6 million tonnes
- HIsarna Plant Location
- Jamshedpur
- HIsarna Plant Capacity
- 1 million tonnes per annum
- Neelachal Expansion Capacity
- 4.8 million tonnes per annum
- Thin Slab Caster Capacity
- 2.5 million tonnes per annum
- Hot Rolled Pickling Line Capacity
- 0.7 million tonnes per annum
Timeline
Tata Steel bulks up Kalinganagar, eyes pellets.
Neelachal nears completion, spurs pellet pursuit.
Europe recovery strategy fuels Tata's pellet push.
Tata Steel snaps up majority stake in Thriveni Pellets.
Quotes
Tata Steel
Indian multinational steel manufacturing corporation
“In this connection, we wish to inform you that, the Board of Directors of the Company at its Meeting held today i.e., December 10, 2025, considered and approved the acquisition of 50.01% equity stake in Thriveni Pellets Private Limited, for a consideration of up to Rs 636 crore,”
businesstoday.in
Sources
Tata Steel to acquire 50% stake in Thriveni Pellets for up to ₹636 crore
Tata Steel shares in focus today, here's why
Tata Steel to acquire majority stake in Thriveni Pellets
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Tata Steel board greenlights domestic expansion, moves to secure iron ore
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