Hindustan Copper plans Rs 7,189-cr capex over 5 years for expansion of mines
24-Apr-2026
State-owned Hindustan Copper Ltd (HCL) has planned a capital expenditure of Rs 7,188.90 crore over the next five years for the expansion of its mines.
The company is planning a capex of Rs 450.51 crore in the current year, followed by a spending of Rs 1,421.73 crore in 2027, and Rs 1,993.70 crore in 2028. Also, the company will spend Rs 2,227.18 crore in 2029 and Rs 1,095.48 crore in 2030.
The company is also targeting to increase its production capacity, with total ore production projected to rise from 4.21 million tonnes per annum (MTPA) in 2025-26 to 12.20 MTPA by 2029-30, according to HCL's Corporate Plan - Vision 2030, a comprehensive roadmap designed to steer the company into its next phase of growth and transformation.
News Source:- https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/hindustan-copper-plans-rs-7189-cr-capex-over-5-years-for-expansion-of-mines/articleshow/130412633.cms
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