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HomeMarket NewsStocks NewsHindustan Copper unveils ₹7,188 crore Vision 2030 plan, targets 12.2 MTPA ore capacity
Shares of Hindustan Copper Ltd ended at ₹556.75, down by ₹12.85, or 2.26%, on the BSE.
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State-owned Hindustan Copper Ltd (HCL) on Monday (April 20) outlined a ₹7,188.60 crore mine expansion plan and unveiled its Corporate Plan – Vision 2030 at its Annual Plan Meeting for FY27 and FY28.
The company detailed a phased capital expenditure plan of ₹450.51 crore in 2026, ₹1,421.73 crore in 2027, ₹1,993.70 crore in 2028, ₹2,227.18 crore in 2029, and ₹1,095.48 crore in 2030.
The expansion roadmap targets a rise in total ore production capacity from 4.21 million tonnes per annum (MTPA) in FY26 to 12.20 MTPA by FY30. Total milling capacity is projected to increase from 3.81 MTPA in FY26 to 12.20 MTPA by FY30.
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Profit after tax is projected at ₹589 crore in 2026, ₹600 crore in 2027, ₹669 crore in 2028, ₹663 crore in 2029, and ₹1,568 crore in 2030. Dividend projections stand at ₹177 crore, ₹180 crore, ₹201 crore, ₹199 crore, and ₹470 crore over the same period.
The Corporate Plan – Vision 2030 was reviewed by Deloitte Touche Tohmatsu India LLP to assess growth targets, performance trends, and strategic gaps. The plan outlines steps to strengthen core operations, increase production capacity, and diversify into critical minerals and renewable energy.
The company also launched its IT Vision Document 2026–2030, outlining a roadmap for digital transformation. Key initiatives include hybrid underground communication systems, MPLS and high-speed Internet Leased Line connectivity, an Integrated Command and Control Centre, ERP modernisation, private 5G deployment, and AI/ML-based analytics.
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In addition, Hindustan Copper introduced an indigenously developed License to Operate (LTO) software built on Oracle E-Business Suite, featuring automated alerts, document integration, and audit trails. It also released a Standard Bidding Document to standardise procurement processes, covering bidding instructions, contract conditions, and technical specifications.
Shares of Hindustan Copper Ltd ended at ₹556.75, down by ₹12.85, or 2.26%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
