# Tata Steel acquires 50.01% stake in Thriveni Pellets for ₹636 crore

Tata Steel announced it will acquire a 50.01% majority stake in Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited for up to ₹636 crore, gaining control of a 4 MTPA pellet plant in Jajpur, Odisha and a 212 km slurry pipeline.

- Type: Acquisition
- Announced: 2025-12-12
- Where: Jajpur, Odisha, India
- Value: $75.0M (6.36B INR)
- Status: announced
- Capacity: 4 MTPA
- Products: iron ore pellets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tata Steel](https://endata.com/companies/3546.md) (acquirer)
- [Thriveni Earthmovers](https://endata.com/companies/47105.md) (partner)
- [Thriveni Pellets Private Limited](https://endata.com/companies/89105.md) (target)

## Sources

- [kalingatv.com](https://kalingatv.com/business/tata-steel-acquires-50-01-of-thriveni-pellets-from-b-prabhakaran-led-templ-bolstering-domestic-raw-material-control/), 2025-12-12: "The acquisition is a pivotal step in securing a consistent, long-term supply of high-quality iron ore pellets, a fundamental input for its rapidly expanding steel operations in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.