Mumbai: In a strategic move to bolster its raw-material security, Tata Steel has announced the acquisition of a 50.01% stake in Thriveni Pellets Pvt. Ltd. (TPPL). The deal, valued at up to ₹636 crore, positions Tata Steel as the majority owner of the company.
TPPL owns 100% of Brahmani River Pellets Ltd. (BRPL), which operates a 4 MTPA pellet plant in Jajpur, Odisha, along with a 212-km slurry pipeline — a critical asset for transporting iron ore slurry efficiently to steel-making facilities. The acquisition is expected to give Tata Steel a stronger grip over essential inputs and reduce logistical bottlenecks as it expands capacity across India.
Tata Steel Expands Capacity & Secures Key Acquisitions 🏗️📈 | MCap 2,04,041.87 Cr
– Tata Steel acquires 50.01% stake in Thriveni Pellets (TPPL) for up to ₹636 crore, securing pellet supply for India ops.
– TPPL owns Brahmani River Pellets (BRPL), which runs a 4 MTPA pellet… pic.twitter.com/GpaMQKO54L— Investor Feed (@_Investor_Feed_) December 10, 2025
Industry analysts say the move is aligned with Tata Steel’s long-term strategy of securing upstream raw-material assets to improve cost efficiencies and ensure supply stability. The remaining 49.99% stake in TPPL continues to be held by Lloyds Metals & Energy.
The transaction, approved by Tata Steel’s board, is subject to standard regulatory clearances. Market sentiment remained upbeat after the announcement, with investors viewing the acquisition as a step forward in strengthening the company’s domestic operations.
With this deal, Tata Steel further consolidates its position in the steel value chain, signalling a robust push towards reinforcing its production ecosystem amid rising demand and competitive pressures.
