Lloyds Metals And Energy Declared Successful Bidder for Tandsi-III Coal Blocks; Share Price Surges

Lloyds Metals & Energy Limited informed exchanges on August 19 that it has been declared the successful bidder for the Tandsi-III and Tandsi-III Extension coking coal blocks. The company won the allocation with a 10.5% premium.

Mine Location and Size

The 2 blocks are situated on the Madhya Pradesh–Maharashtra border, about 400 km from Ghugus. They cover an area of around 338 hectares and contain estimated reserves of 23 million metric tonnes (MMT) of coking coal. Mining will be developed using both opencast and underground methods.

The company has proposed a production capacity of up to 0.30 million tonnes per annum. The development phase is planned over a period of 4 years. Agreements related to the project will be signed in due course.

This coal allocation follows the environmental clearance received in June for expanding Lloyds Metals’ iron ore mining operations to 55 million tonnes per annum. With both iron ore and coking coal resources in place, the company is positioned to expand its operations in related sectors.

Read more: SEBI’s Index Norm Relaxation May Prevent $1 Billion Sell-Off in HDFC Bank, ICICI Bank!

Lloyds Metals & Energy Share Price Performance 

As of August 20, 2025, 10:10 AM, Lloyds Metals and Energy share price is trading at ₹1,415.10, a 1.28% increase from the previous close price.

Conclusion

The Tandsi-III and Tandsi-III Extension coal mines add 23 MMT of reserves to Lloyds Metals’ resource base. Development is scheduled over four years with a proposed capacity of 0.30 MTPA.

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