Thriveni Earthmovers and Infra

What Thriveni Earthmovers and Infra does

Thriveni Earthmovers and Infra Private Limited (TEIPL) is an Indian mining and infrastructure services company headquartered in Chennai and founded in 1991. The company provides earthmoving, mining infrastructure, and operational support services for large-scale resource extraction operations in India, with a workforce of 5,001-10,000 employees. Its core offerings revolve around contract mining, heavy civil earthworks, and the deployment of specialized equipment and personnel for mine development and operations.

Thriveni is a key backer and infrastructure partner of the Jonnagiri Gold Mine project in Andhra Pradesh's Kurnool district — India's first large-scale private gold mine since Independence. The project spans nearly 598 hectares, with certified gold resources of 13.1 tonnes and exploration indicating potential reserves up to 42.5 tonnes. The mine is operated by Geomysore Services India Pvt Ltd as lead operator with Deccan Gold Mines Ltd as a co-partner, and is expected to produce up to 1,000 kg of refined gold annually. Thriveni has invested over Rs 4,000 million (Rs 400 crore) in the project and operates the project site.

The company is majority-owned (79.82%) by Lloyds Metals and Energy Ltd following a controlling acquisition, making Thriveni a strategic subsidiary within the Lloyds Metals group. Revenue mechanics are not publicly disclosed; the company does not publish pricing, contract values, or productized service tiers. India imports over 800 tonnes of gold annually, and the Jonnagiri venture positions Thriveni at the intersection of domestic mining policy liberalization and private-sector participation in gold production.

Name

Thriveni Earthmovers and Infra

Website

https://thriveni.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Thriveni Earthmovers and Infra is an Indian mining and infrastructure services company providing earthmoving and operational support for large-scale resource extraction, notably as the key infrastructure partner of the Jonnagiri Gold Mine — India's first large-scale private gold mine — under majority owner Lloyds Metals and Energy.

Ownership category

akta.pro rank

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain

Core offering

Thriveni Earthmovers and Infra is an Indian mining and infrastructure company that provides earthmoving, mining operations, and infrastructure support services for large-scale mineral extraction projects. The company is a key infrastructure and operational partner in the Jonnagiri Gold Mine project in Andhra Pradesh — India's first large-scale private gold mine — alongside Geomysore Services India and Deccan Gold Mines.

Product overview

Thriveni Earthmovers and Infra is a mining and infrastructure company. Based on the available source data, the company is involved as a partner/investor in the Jonnagiri Gold Project in Andhra Pradesh, India's first large-scale private gold mine. The company holds a minority stake (approximately 79.82%) acquired by Lloyds Metals and Energy. No detailed product or service offerings were available in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Jonnagiri Gold Mining Operations Support
• Earthmoving and Heavy Civil Infrastructure

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Geomysore Services India Pvt LtdcoreStrategic or Co-development Partner · 1 May 2026Geomysore Services India is the lead operator of the Jonnagiri Gold Mine project. Thriveni Earthmovers & Infra serves as a key infrastructure and earthmoving partner for this flagship private gold mining venture in Andhra Pradesh.
• Deccan Gold Mines LtdcoreStrategic or Co-development Partner · 1 May 2026Deccan Gold Mines Ltd is a key partner backing the Jonnagiri Gold Mine project alongside Thriveni Earthmovers & Infra. The project is expected to produce up to 1,000 kg of refined gold annually and is India's first large-scale private gold mine.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• NMDC Limited: India's largest iron ore miner and a state-owned mining major with diversified mineral interests; broadly comparable as a large-scale Indian mining operator with significant earthmoving and infrastructure requirements.
• Hindustan Zinc Limited: India's largest zinc-lead miner and a Vedanta group company operating large-scale underground and open-pit mines; comparable as a major Indian metal mining operator with significant outsourced earthmoving and infrastructure needs.
• Adani Enterprises (Mining SBU): Indian conglomerate with a major contract mining and minerals vertical spanning coal and metal mining; comparable as a large incumbent with in-house and contracted earthmoving and mining infrastructure capabilities.
• Vedanta Limited: Diversified Indian metals and mining major with iron ore, aluminum, zinc, and copper operations; comparable as a large incumbent in India's metals mining sector that contracts for significant earthmoving and mining services.

Direct peers

• Geomysore Services India Pvt Ltd: Lead operator of the Jonnagiri Gold Mine and direct counterparty to Thriveni on the flagship project; operates private gold exploration and mining in India, making it the most directly comparable peer for evaluating project economics.
• Sainik Mining and Allied Services Ltd: India-based contract mining and allied services firm providing earthmoving, drilling, blasting, and mine infrastructure for coal and mineral mining — comparable in scope, geography, and operating model to Thriveni.
• Deccan Gold Mines Ltd: Co-partner with Thriveni in the Jonnagiri Gold Mine project and one of India's leading private gold exploration companies. Directly comparable as a co-investor and operator in India's emerging private gold mining sector.
• BGR Mining & Infra Ltd: India-based mining services and infrastructure contractor providing overburden removal, earthmoving, and mine infrastructure across coal and metal mining — directly comparable to Thriveni's earthmoving and mining infrastructure mandate.
• Mahalaxmi Infracon Ltd: Indian mining services and infrastructure contractor focused on earthmoving, overburden removal, and mine development for coal and minerals — closely comparable business model and customer base to Thriveni's mining services operations.

Regional players

• Lloyds Metals and Energy Ltd: Parent company holding 79.82% of Thriveni and an India-focused iron ore and steel business; comparable as an India-centric mining and metals operator, though as parent rather than a competing services contractor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thriveni Earthmovers and Infra