In a significant milestone for India’s mining and metals sector, Hindustan Copper Limited has successfully revived its long-idle Gujarat Copper Project through a Public-Private Partnership model, transforming a dormant asset into a future revenue-generating enterprise.

Under the leadership of Sanjiv Kumar Singh, Chairman and Managing Director, Hindustan Copper Limited, in the presence of Director (Operations), Dr Sanjeev Kumar Sinha, Director (Finance), RVN Vishweshwar, Director (Mining), Ghanshyam Das Gupta, connected through VC, Chief Vigilance Officer, Harsimran Singh, and senior officials, HCL handed over of the Letter of Award to M/s Lohum Materials Pvt. Ltd. in Kolkata for restarting, operation and maintenance of Gujarat Copper Project under revenue-sharing model for 20 years, extendable by another 5 years.

With strategic revival of this dormant asset into engines of growth, GCP is expected to generate revenue for HCL, strengthen India’s copper value chain, reduce dependence on external sources, and support the nation’s journey towards becoming a developed and self-reliant economy, aligned with the national vision of Viksit Bharat and Atmanirbhar Bharat.

An agreement was also signed with Ardee Engineering Ltd. for construction of the 3.0 MTPA Concentrator Plant at Malanjkhand Copper Project which is a strategic step towards the expansion journey of HCL, enhancing ore beneficiation capacity and laying a strong foundation for achieving its targeted production of 12.2 million tonnes per annum by 2030, thereby strengthening India's copper self-reliance and mineral security.