Lloyds Engineering Secures Key Role in ₹613 Crore SAIL Pellet Plant Project

Lloyds Engineering Works Limited (LEWL) has been chosen as a consortium partner, along with Primetals Technologies India Pvt. Ltd and Primetals Technologies Austria GmbH, for the design and execution of a 4.2 million tonnes per annum (mntpa) Pellet Plant Complex at Steel Authority of India Limited’s (SAIL) IISCO Steel Plant in Burnpur, West Bengal.

The Letter of Acceptance (LOA) issued by SAIL–ISP confirms a total consortium contract value of approximately ₹613 crore (Indian portion) and €18.26 million (Euro portion). The project is expected to be completed within 39 months from the effective date of the contract. This milestone underscores LEWL’s strong engineering capabilities and its reputation as a reliable partner in India’s heavy-industrial landscape.

Strategic Collaborations Driving Growth

In the past two years, LEWL has forged more than 10 collaborations with domestic and international partners. These alliances have enabled the company to expand its technical competencies and compete for complex, large-scale industrial projects.

The SAIL contract is a key example of how LEWL’s partnerships are yielding tangible results. Working with Primetals, an industry leader in metallurgical plant solutions, positions LEWL to further enhance its design and execution expertise. The company plans to continue strengthening its alliances, focusing on converting collaborations into long-term, value-driven projects in the steel, infrastructure, and energy sectors.

Strength in Design and Execution

Under this consortium arrangement, LEWL will take charge of detailed design and engineering for the pellet plant while also supplying critical process equipment and systems. This role reflects its growing technical strength and its capacity to deliver end-to-end engineering solutions for complex industrial setups.

LEWL’s participation in this high-value project demonstrates its design-to-delivery competence and adherence to international standards of safety, quality, and efficiency.

Lloyds Engineering Works Share Price Performance

On November 3, 2025, Lloyds Engineering Works share price opened at ₹59.80, up from its previous close of ₹58.88. At 10:41 AM, the share price of Lloyds Engineering Works was trading at ₹60.71, up by 3.11% on the NSE.

Also Read: Top SIP Stocks for November 2025!

Conclusion

The SAIL–ISP pellet plant contract marks another milestone in Lloyds Engineering’s journey toward becoming a leading player in India’s engineering and infrastructure space. The project not only reinforces its credibility but also showcases its strategic ability to transform collaborations into major industrial achievements, paving the way for future growth and global recognition.

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