Lloyds Metals & Energy Limited has emerged as the successful bidder for the Tandsi-III and Tandsi-III Extension coking coal mines, winning the project with a premium of 10.5%. The mines are strategically located on the Madhya Pradesh–Maharashtra border, approximately 400 kilometers from Ghugus, covering an area of around 338 hectares.
The combined reserves of the mines are estimated at 23 million metric tonnes of high-quality coking coal, which will support the company’s long-term expansion plans in India’s coal and steel sectors. Development of the mines will employ a mix of opencast and underground mining methods, ensuring efficient extraction while maintaining operational safety and environmental standards.
The project is expected to achieve a production capacity of up to 0.30 million tonnes per annum over a four-year development timeline, contributing to both regional employment and the company’s overall output. Lloyds Metals & Energy will execute all necessary agreements and regulatory approvals in due course.