Praneetha EcoCables, a joint venture between Kutch Copper Limited (a subsidiary of Adani Enterprises) and Praneetha Ventures Private Limited, has announced plans to set up a wire and cable manufacturing facility in Virochannagar, Ahmedabad. The plant, spread across 27 acres, is expected to be operational by December 2026. The company, incorporated in March 2025 with […]
Hindalco Industries has invested INR 180 billion in India during FY25, its highest annual capital expenditure in nearly a decade, and reiterated a USD 10 billion investment plan over the next five years across operations in India and through its subsidiary Novelis. Chairman Kumar Mangalam Birla said the strategy is to strengthen both upstream and […]
Hindustan Copper Limited (HCL) is hosting a three-week technical visit by a delegation from Chile’s state-owned copper company, CODELCO, as part of an ongoing partnership aimed at enhancing mining operations and exploring collaborative opportunities. The visit includes assessments of all HCL units and offices across India and follows a memorandum of understanding signed in April […]
Hindustan Copper Limited (HCL) plans to invest INR 20 billion over the next five to six years to expand its mining operations. The company aims to increase its ore production capacity from 4 million tonnes per annum (MTPA) to 12.2 MTPA by the financial year 2030-31. The planned investment will primarily support the expansion of […]
JSW Group has announced plans to invest INR 120 billion in a copper smelter facility in Odisha, with a production capacity of 500,000 metric tons per year. The facility is expected to be operational by 2028-29. According to the company, the smelter will source copper concentrate from Peru and Chile. JSW Group also intends to […]
Hindalco Industries has announced plans to invest INR 450 billion in its aluminium, copper, and specialty alumina businesses. The investment will focus on expanding production capacity and developing high-precision engineered products for various industries, including electric vehicles (EVs), renewable energy, and semiconductors. Hindalco’s primary aluminium production has grown to 1.3 million tonnes per year, and […]
JSW Group has acquired two copper mines in Jharkhand through a competitive bidding process with Hindustan Copper, marking its entry into the non-ferrous metals sector. The mines, currently in the exploration phase, have a combined capacity of three million tonnes per annum (MTPA) and will require an estimated two years to become operational. As part […]
