Aug 12: Adani Group, the fastest-growing diversified portfolio of infra, energy and utility businesses in India, will invest Rs 57,575 crore in Odisha.
Headed by Chief Minister Naveen Patnaik, in a high-level clearance authority (HLCA) meeting of Odisha government on Wednesday, has approved the Adani Group’s proposal to set up two projects- a 4 MMTPA integrated alumina refinery and a 30 MMTPA iron ore (value addition) project.
#GautamAdani plans $5.2 billion alumina mill in #Odisha to fuel growing metal ambitions https://t.co/DGSdkSQhG9
— Ninjamonkey ?? (@Aryan_warlord) August 11, 2022
“Odisha is one of our most strategic states in which we have continued to invest and we are always appreciative of the support we have received from the Chief Minister Naveen Patnaik,” said Gautam Adani, Chairman, Adani Group.
“Metals are critical commodities in which our nation must be self-reliant, and these projects are aligned with our vision of ‘Aatmanirbharta’. In addition, being a power intensive business, it is a great adjacency to the renewable energy that we are able to generate and help produce the greenest alumina anywhere. Our capital investment of Rs 57,575 crore will create 9,300 direct jobs and open up tens of thousands of indirect employment opportunities in Odisha,” he added.
ରାଜ୍ୟର ଶିଳ୍ପ ସମୃଦ୍ଧ ଧାରାକୁ ତ୍ୱରାନ୍ୱିତ କରିବା ପାଇଁ ରାଜ୍ୟ ସରକାର ₹୭୪,୬୨୦ କୋଟିର ୧୦ଟି ପ୍ରକଳ୍ପକୁ ମଞ୍ଜୁରୀ ପ୍ରଦାନ କରିଛନ୍ତି। ଇସ୍ପାତ, ସାର, ସବୁଜ ଶକ୍ତି ଆଦି ବିଭିନ୍ନ କ୍ଷେତ୍ରର ଥିବା ଏହି ପ୍ରକଳ୍ପଗୁଡ଼ିକ ୨୪,୦୪୭ରୁ ଅଧିକ ନିଯୁକ୍ତି ସୁଯୋଗ ସୃଷ୍ଟି କରିବ।#MakeInOdisha#InvestInOdisha pic.twitter.com/6tB72XRc1l
— CMO Odisha (@CMO_Odisha) August 11, 2022
The 4 MMTPA integrated alumina refinery, to be set up in the vicinity of potential bauxite reserves or operational mines, will produce smelter grade (metallurgical grade) alumina, which will help India move towards import substitution.
The iron ore benefication plant will be located in Deojhar in Keonjhar district, while the pellet plant is to be set up in Dhamra in the adjoining Bhadrak district. The slurry pipeline will run along the utility corridor of the roads between Deojhar and Dhamra.
Odisha, long acknowledged as India’s mineral hub, holds over half of the nation’s bauxite and iron ore reserves.
