Lloyds Engineering Works Joins Consortium Awarded ₹613 Crore + €18 Million Contract

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Image Courtesy: Lloyds Metals

Lloyds Engineering Works Limited (LEWL) has announced that it has been selected as a consortium partner with Primetals Technologies India Pvt Ltd and Primetals Technologies Austria GmbH for the design and implementation of a 4.2 million tonnes per annum (MTPA) Pellet Plant Complex at the Steel Authority of India Limited’s (SAIL) IISCO Steel Plant (ISP) 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 scheduled to be completed within 39 months from the effective date of the contract. This prestigious order marks a major milestone in Lloyds Engineering’s growth journey and underscores the company’s reputation as a trusted engineering partner for India’s core industrial and steel sectors.

Over the past two years, Lloyds Engineering Works has formed more than ten strategic collaborations with leading domestic and global technology partners. These alliances have expanded the company’s technical capabilities and execution reach, enabling participation in large, complex industrial projects. The partnership with SAIL, one of India’s largest and most respected steel producers, highlights LEWL’s ability to transform its collaborations into high-value, long-term opportunities.

Building on this success, LEWL aims to strengthen existing alliances and pursue new partnerships to drive additional high-impact engineering and manufacturing projects. The company’s growing order book demonstrates the effectiveness of its collaborative strategy in capturing opportunities across diverse industrial domains. Under the consortium arrangement, Lloyds Engineering Works Limited will be responsible for detailed design, engineering, and the supply of key process equipment and systems for the new pellet plant.

Commenting on the development, Shreekrishna Gupta, Whole-Time Director of LEWL, stated “This order reaffirms the industry’s confidence in Lloyds Engineering’s technical expertise, reliability, and collaborative approach. Over the years, we have strategically built partnerships across geographies and technologies, and this project exemplifies how such collaborations evolve into transformative growth opportunities. We remain focused on expanding these relationships to deliver sustained value to our stakeholders.”

LEWL continues to execute multiple large-scale projects for leading clients in the steel, infrastructure, and heavy-engineering sectors. The SAIL – IISCO pellet plant project further enhances the company’s growing portfolio of turnkey industrial and infrastructure solutions, reinforcing its commitment to engineering excellence, quality, and performance.

Incorporated in 1994, Lloyds Engineering Works Limited (LEWL) is one of India’s leading providers of customized process plant equipment and turnkey engineering solutions. The company’s expertise spans the mining-to-metal (steel), hydrocarbons, oil and gas, power, nuclear, heat recovery, and marine sectors.

Headquartered in Mumbai, LEWL operates state-of-the-art manufacturing facilities in Murbad (Thane), Nagpur, and Bhilai, with all facilities approved by key authorities including the Industrial Boiler Regulatory Authority, SGS UK, and the Petroleum and Explosives Safety Organisation (PESO). Through its integrated design-to-delivery approach, Lloyds Engineering delivers reliable, high-quality engineering solutions that support India’s industrial and infrastructure development.