Latest news with #MissionGreen
Time of India
5 days ago
- Business
- Time of India
Lloyds Metals reduces carbon footprint by 55% with Maharashtra's first slurry pipeline
After decarbonising its mining operations, Lloyds Metals and Energy Ltd (LMEL) is now focusing on green logistics in the Gadchiroli district—an emerging steel manufacturing hub. The company has significantly reduced the carbon footprint of iron ore transportation by introducing an 87-kilometre-long slurry pipeline from its grinding plant at Hedri to the pellet plant at Konsari. The slurry pipeline, laid from the Surjagarh Iron Ore Mines to Konsari, has now been fully constructed and successfully tested. This pipeline is a major step in LMEL's commitment to green logistics, sustainability, and responsible industrial practices. Highlighting its significance, B. Prabhakaran, Managing Director, LMEL, stated: 'The commissioning of this slurry pipeline is a momentous occasion, marking the first such project in India after a gap of 11 years. Importantly, it will be the fourth operational iron ore slurry pipeline in the country and the first in the state of Maharashtra. This achievement firmly positions Lloyds Metals and Energy Ltd as a true pioneer in the region.' The pipeline is expected to reduce freight costs by ₹500–600 per tonne. It offers a dual benefit—significant cost savings and a reduced carbon footprint, reflecting LMEL's environmental stewardship. There are two scenarios in the transportation of iron ore: one using coal-based power and another powered by renewable energy sources such as solar or wind. In the coal-powered scenario, transporting iron ore by road emits approximately 11 kg of carbon per tonne, equating to 1.1 lakh tonnes of emissions annually. In contrast, transportation via the slurry pipeline can reduce carbon emissions by 55%, amounting to a reduction of 61,000 tonnes per year, or 184 tonnes per day. If renewable energy is used to power the slurry pipeline, LMEL can potentially eliminate up to 100% of these emissions—an annual reduction of 1.1 lakh tonnes. In that scenario, carbon emissions would decrease by 333 tonnes per day, or approximately 9,200 tonnes per month. LMEL aims to achieve this milestone shortly. 3 lakh trees planted—and counting Minimising waste, transitioning to green energy, and reducing its carbon footprint are only a few components of LMEL's broader environmental commitment. Under its 'Mission Green' initiative—aligned with the vision of producing India's 'green steel'—the company has planted over 3 lakh trees across various locations. Thousands of saplings have also been distributed to key stakeholders, reinforcing a community-led approach to sustainability. By forest clearance conditions, LMEL allocated 377.58 hectares of private land in Arvi and Karanja talukas (Wardha district) for compensatory afforestation, in lieu of 374.90 hectares diverted for the Surjagarh Iron Ore Mine. A deposit of ₹2.49 crore was made with the Compensatory Afforestation Fund Management and Planning Authority (CAMPA). Within this area, the State Forest Department planted 2,56,388 native saplings in Arvi taluka, which have since taken root. This land was officially declared a reserved forest on June 16, 2023—an encouraging testament to the initiative's success. At the Surjagarh mines, LMEL has planted 5,285 native saplings within the designated safety zone and an additional 14,000 saplings along roads from Etapalli to Hedri. To engage the local community, fruit gardens have been established by planting 1,800 saplings and distributing over 9,500 fruit-bearing saplings to residents. At its DRI Plant (Unit-2) in Konsari, LMEL has planted nearly 50,000 saplings over 17 hectares, in collaboration with the local Forest Department and using native species. As part of its greenbelt development strategy, LMEL continues to support biodiversity through the plantation of diverse native flora. Additionally, around 19,000 fruit-bearing plants have been distributed and planted in nearby villages to promote local participation in sustainable greening efforts. Disclaimer: The article has been produced on behalf of Lloyd Metals by the Times Internet's Spotlight team.
Time of India
6 days ago
- Business
- Time of India
Lloyds' Surjagarh mine set to be the first ‘green mine' of India
Gadchiroli: The Surjagarh iron ore mine (SIOM) of Lloyds Metals and Energy Ltd (LMEL) in Maharashra's Gadchiroli district is set to become the first 'green mine' in India, thanks to environment-friendly initiatives and strong focus on reducing carbon footprint in mining operations. SIOM has already achieved an annual reduction of 32,000 tonnes of CO2 emissions, said top company sources. Once the company transitions to renewable energy, this saving is likely to increase to around 50,000 tonnes annually through innovation, green technology in mining operations from drilling to dispatch. LMEL's decarbonisation of Surjagarh mine encompasses every aspect of mining operations, from drilling and loading to hauling and logistics. "Our core philosophy revolves around adopting green technology, improving efficiency, fostering innovation, and engaging employees and the local community in pursuit of 'green steel' production. This aligns perfectly with India's 'Net Zero' commitment. We are committed to the global goal of securing a 'green future for all' while striking a balance between development and sustainability," said B Prabhakaran, managing director of LMEL. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo After decarbonising operations, LMEL is focussing on green logistics in Gadchiroli district, which is an emerging steel manufacturing hub. It has reduced carbon footprint in iron ore transportation by introducing an 87km-long slurry pipeline from the grinding plant at Hedri to the pellet plant at Konsari. The laying and testing of the pipeline from the grinding plant at Surjagarh iron ore mines to Konsari has been completed. The slurry pipeline represents green logistics adopted by LMEL in its commitment to environment, sustainability, and responsible industrial operations. "The commissioning of the slurry pipeline marks the first such project in India after 11 years. This will be the fourth operational iron ore slurry pipeline in the nation and a first in Maharashtra," said Prabhakaran. The pipeline has a dual advantage -- lower freight cost and reduced carbon footprint. Under LMEL's 'Mission Green' initiative, inspired by the vision of producing 'green steel', over 3 lakh trees have been planted at various locations, and thousands of saplings have been distributed to people. In line with forest clearance conditions, LMEL allocated 377.58 hectares of private land in Arvi and Karanja talukas of Wardha district for compensatory afforestation, in lieu of 374.90 hectares diverted for Surjagarh iron ore mine. LMEL deposited Rs 2.49 crore with the Compensatory Afforestation Fund Management and Planning Authority and 3lakh native saplings were planted by the State Forest Department in Arvi taluka. Also, Surjagarh is poised to become the largest green fleet mining operation in the country, with its own electric vehicle charging station, said a top company official. Building upon the success in non-fossil fuel operations at its Surjagarh Iron Ore Mine, LMEL is now focusing on Banded Hematite Quartzite, which was historically considered a waste in iron ore mining. The initiative will transform waste into a valuable resource, thus contributing to national waste reduction and wealth creation.
