/images/ppid_59c68470-image-178094003363565138.webp)
/images/ppid_a911dc6a-image-178093722422137232.webp)
/images/ppid_a911dc6a-image-178093653102518788.webp)
What is the story about?
State-owned Hindustan Copper Ltd on Monday said Anupam Misra will take charge as the company’s Chairman & Managing Director (CMD) on July 1.
The development assumes significance as the company is executing a massive ₹7,189 crore capital expenditure programme to increase its mining capacity by three times.
The ambitious roadmap aims to boost ore production to meet surging domestic demand from renewable energy, electric vehicles and AI infrastructure.
In a filing to the BSE, the company said, “The Ministry of Mines has conveyed the appointment of Anupam Misra, Director (Marketing), Fertilisers and Chemicals Travancore Ltd (FACT Ltd) to the post of Chairman & Managing Director (CMD), Hindustan Copper Ltd (HCL) w.e.f. the date of his assumption of charge of the post on or after 01.07.2026, till the date of his superannuation, i.e. 28.02.2030, or until further orders, whichever is earlier.” Misra will succeed current CMD Sanjiv Kumar Singh, who is set to retire on June 30.
“The company will undertake necessary action to complete the statutory formalities regarding appointment of Shri Anupam Misra,” the filing added.
Hindustan Copper Ltd has planned capital expenditure of ₹7,188.90 crore over the next five years to expand its mining operations.
Also Read | Hindustan Copper eyes 28% production jump in FY27; sees higher profits
The company is planning capex of ₹450.51 crore in the current year, ₹1,421.73 crore in 2027, and ₹1,993.70 crore in 2028. Also, the company will spend ₹2,227.18 crore in 2029 and ₹1,095.48 crore in 2030.
The public sector undertaking (PSU) is also targeting to increase its production capacity, with total ore production projected to rise from 4.21 million tonnes per annum 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.
The development assumes significance as the company is executing a massive ₹7,189 crore capital expenditure programme to increase its mining capacity by three times.
The ambitious roadmap aims to boost ore production to meet surging domestic demand from renewable energy, electric vehicles and AI infrastructure.
In a filing to the BSE, the company said, “The Ministry of Mines has conveyed the appointment of Anupam Misra, Director (Marketing), Fertilisers and Chemicals Travancore Ltd (FACT Ltd) to the post of Chairman & Managing Director (CMD), Hindustan Copper Ltd (HCL) w.e.f. the date of his assumption of charge of the post on or after 01.07.2026, till the date of his superannuation, i.e. 28.02.2030, or until further orders, whichever is earlier.” Misra will succeed current CMD Sanjiv Kumar Singh, who is set to retire on June 30.
“The company will undertake necessary action to complete the statutory formalities regarding appointment of Shri Anupam Misra,” the filing added.
Hindustan Copper Ltd has planned capital expenditure of ₹7,188.90 crore over the next five years to expand its mining operations.
Also Read | Hindustan Copper eyes 28% production jump in FY27; sees higher profits
The company is planning capex of ₹450.51 crore in the current year, ₹1,421.73 crore in 2027, and ₹1,993.70 crore in 2028. Also, the company will spend ₹2,227.18 crore in 2029 and ₹1,095.48 crore in 2030.
The public sector undertaking (PSU) is also targeting to increase its production capacity, with total ore production projected to rise from 4.21 million tonnes per annum 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.
/images/ppid_59c68470-image-178094002484050809.webp)
/images/ppid_a911dc6a-image-17809376397711925.webp)
