{"id":84440,"date":"2025-12-11T22:41:56","date_gmt":"2025-12-11T17:11:56","guid":{"rendered":"https:\/\/urbanacres.in\/?p=84440"},"modified":"2025-12-11T22:41:56","modified_gmt":"2025-12-11T17:11:56","slug":"odisha-tata-steel-acquires-stake-in-thriveni-pellets-to-boost-construction-materials","status":"publish","type":"post","link":"https:\/\/livzzy.in\/?p=84440","title":{"rendered":"Odisha Tata Steel Acquires Stake In Thriveni Pellets To Boost Construction Materials"},"content":{"rendered":"<h3><strong>Tata Steel has secured a 50.01\u202fper cent stake in Odisha-based Thriveni Pellets for \u20b9636\u202fcrore, a move aimed at strengthening its supply of iron ore pellets essential for steel production. The acquisition is expected to support the company\u2019s growing construction and housing projects across India by ensuring steady raw material availability. With Thriveni\u2019s pellet plant and infrastructure under its control, Tata Steel positions itself to meet rising demand for building materials while enhancing supply chain resilience.<\/strong><\/h3>\n<h4><span style=\"font-weight: 400;\">Thriveni Pellets owns Brahmani River Pellets Ltd (BRPL), which operates a 4\u202fmillion-tonne-per-year pellet plant in Jajpur district, along with a 212-kilometre slurry pipeline. These assets are strategically located close to major iron ore mines, reducing logistics costs and ensuring consistent pellet supply for Tata Steel\u2019s domestic production. Industry analysts suggest that controlling upstream raw materials is a critical step for Indian steelmakers looking to sustain construction demand while mitigating market volatility.<\/span><span style=\"font-weight: 400;\">Under the terms of the deal, Lloyds Metals &amp; Energy will retain a 49.99\u202fper cent shareholding, making the venture a joint partnership. The transaction is expected to conclude within three to four months, pending regulatory approvals, including clearance from the Competition Commission of India. \u201cSecuring key upstream assets is not only about business growth but also about stabilising the supply chain for critical sectors like housing and infrastructure,\u201d an industry expert said.<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\">The acquisition aligns with Tata Steel\u2019s broader strategic vision of supplying sustainable building materials for India\u2019s urban development. With rapid expansion in housing, commercial, and infrastructure projects nationwide, steel demand continues to rise, making reliable pellet supply a key factor in both project timelines and material quality. By integrating BRPL into its supply chain, Tata Steel aims to reduce dependency on external suppliers and limit exposure to fluctuating iron ore prices.<\/span><span style=\"font-weight: 400;\">From an environmental perspective, controlling pellet production provides an opportunity to implement cleaner and more energy-efficient practices. Pellet manufacturing carries environmental impacts, but direct oversight allows Tata Steel to introduce measures that could reduce emissions, optimise energy use, and support its ongoing low-carbon steel initiatives. This approach contributes subtly to India\u2019s broader goals of building more sustainable and inclusive cities while meeting industrial needs.<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\">Experts highlight that the acquisition could also strengthen regional economic development in Odisha, creating jobs and enhancing local industrial infrastructure. As India\u2019s housing and construction sectors grow, securing raw material assets near production hubs becomes a strategic necessity for companies aiming to balance efficiency, sustainability, and long-term growth.<\/span><\/h4>\n<h4><strong>Also Read:\u00a0<a href=\"https:\/\/livzzy.in\/india-welcomes-asian-paints-white-teak-launch-anisora-lighting-collaboration-with-atelier-oi\/\">India Welcomes Asian Paints White Teak Launch Anisora Lighting Collaboration With Atelier O\u00ef<\/a><\/strong><\/h4>\n<h5>Odisha Tata Steel Acquires Stake In Thriveni Pellets To Boost Construction Materials<\/h5>\n","protected":false},"excerpt":{"rendered":"<p>Tata Steel has secured a 50.01\u202fper cent stake in Odisha-based Thriveni Pellets for \u20b9636\u202fcrore, a move aimed at strengthening its supply of iron ore pellets<\/p>\n","protected":false},"author":1,"featured_media":84441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146,147,148],"tags":[32559,10307,16342,32998,4263,32999,33000,32222,33001,32450,545],"class_list":["post-84440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-news","category-urban-news","tag-construction-materials","tag-housing-development","tag-inclusive-growth","tag-iron-ore-pellets","tag-odisha","tag-pellet-supply","tag-raw-material-security","tag-steel-industry-india","tag-sustainable-supply-chain","tag-tata-steel","tag-urban-infrastructure"],"_links":{"self":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/84440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84440"}],"version-history":[{"count":0,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/84440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}