Lloyds Engineering Secures ₹613 Crore Order in Consortium for SAIL's Pellet Plant Project

Lloyds Engineering Works Limited (LEWL) has announced a significant milestone in its growth trajectory, securing a major order as part of a consortium for a pellet plant project. The company, along with its consortium partners Primetals Technologies India Pvt. Ltd and Primetals Technologies Austria GmbH, has been awarded a contract by SAIL-IISCO Steel Plant for the design and execution of a 4.2 MTPA Pellet Plant Complex in Burnpur, West Bengal.

Project Details

Aspect	Details
Total Contract Value	₹613.00 crore (Indian portion) + €18.26 million (European portion)
Project Scope	Design and execution of 4.2 MTPA Pellet Plant Complex
Location	SAIL's IISCO Steel Plant, Burnpur, West Bengal
Project Duration	39 months from the effective date of the contract
LEWL's Role	Detailed design, engineering, and supply of critical process equipment and systems

Strategic Significance

This order marks a significant achievement for LEWL, showcasing its growing reputation in the engineering sector and its ability to secure high-value projects. Over the past two years, the company has established over 10 collaborations with domestic and international partners, which have been instrumental in expanding its technical capabilities and market reach.

Management Commentary

Shreekrishna Gupta, Wholetime Director of LEWL, commented on the order, stating, "This order reflects the industry's confidence in Lloyds Engineering's technical capabilities and collaborative approach. We have consciously built strategic partnerships across geographies and technologies, and this project exemplifies how such collaborations can evolve into transformative opportunities."

Company Profile

Lloyds Engineering Works Limited, incorporated in 1994, specializes in providing customized process plant equipment and comprehensive engineering solutions. The company's expertise spans across various sectors including Mining to Metal (Steel), Hydrocarbon, Oil & Gas, Thermal Power Plants, Nuclear Power Plants, Heat recovery, and Marine sectors.

Future Outlook

With this latest order, LEWL continues to strengthen its position in the heavy engineering sector. The company aims to further deepen its existing alliances and explore new partnerships to convert collaborations into additional high-value engineering and manufacturing projects.

As LEWL executes this significant project for SAIL, it not only adds to its expanding portfolio but also marks another milestone in its journey to establish itself as a world-class engineering enterprise of scale and substance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.22%	-0.25%	-3.82%	+10.75%	-13.28%	+9,688.33%

Lloyds Engineering Works Limited (LEWL) has taken a significant step forward in bolstering India's defence and security sectors by signing a Memorandum of Understanding (MoU) with Poland-based FlyFocus Sp. z o.o. This strategic partnership aims to jointly introduce advanced First Person View (FPV) drones, marking a notable expansion of their existing collaboration on the Defender drone program.

Key Highlights of the Partnership

Aspect	Details
Collaboration Focus	Advanced FPV drones for defence and security sectors
Technology Transfer	Over 50% local content through manufacturing and assembly in India
Exclusive Rights	LEWL granted exclusive rights to adapt and deploy FPV systems in India
Complementary Systems	FPV drones to work alongside existing Defender systems
Potential Markets	Indian defence forces, law enforcement agencies, and export opportunities

Strategic Implications

The MoU represents a significant development in India's drone capabilities, particularly in high-mobility, close-quarter scenarios. These FPV drones are designed to support:

Real-time reconnaissance
Training exercises
Urban security operations
Special operations

This initiative aligns closely with India's 'Make in India' and 'Atmanirbhar Bharat' policies, enhancing the country's self-reliance in high-tech defence manufacturing.

Expanding Drone Ecosystem

LEWL is positioning itself as a key player in India's evolving defence landscape. The company is building a comprehensive drone ecosystem that spans:

Long-range surveillance (Defender program)
Tactical engagement (new FPV drones)
Future exploration into electronic warfare and aerospace subsystems

Industry Context

India's defence sector is experiencing rapid growth, with FY26 allocations exceeding ₹6.80 lakh crore. Notably, over 90% of Ministry of Defence contracts are now awarded to Indian firms, indicating a strong push for domestic capabilities.

Management Perspective

ShreeKrishna Gupta, Director of Lloyds Engineering Works Limited, emphasized the strategic importance of this partnership: "This MoU represents the next phase of our collaboration with FlyFocus. FPV drones will give Indian forces unmatched tactical flexibility and real-time capability. We're committed to localizing this technology and building future-ready solutions for India."

Conclusion

The partnership between Lloyds Engineering and FlyFocus marks a significant step in enhancing India's defence capabilities. By combining FlyFocus's expertise in FPV drone technology with LEWL's manufacturing capabilities and market understanding, this collaboration is set to contribute substantially to India's defence modernization efforts and potentially open new export opportunities in the global defence market.