Adani Group to foray into alumina refinery and smelter business
Cement

Adani Group to foray into alumina refinery and smelter business

Adani Group is planning to mark its entry into the business of developing an alumina refinery and an aluminium smelter.

Adani Enterprises has announced that it has joined Mundra Aluminium Limited in December.

The company said that Mundra Aluminium has not commenced the work of business operations and paid-up share capital of Rs 1 lakh.

According to an official statement, Mundra Aluminium has combined with Adani for setting up an alumina refinery and an aluminium smelter.

Mundra Aluminium Limited has been incorporated in India. The company is registered with the Registrar of Companies in Gujarat and Ahmedabad.

Gautam Adani is preparing to enter new sectors. In June, Adani Enterprise incorporated Adani Cement Industries Limited to continue its business as a manufacturer, producer and processor of all types of cement.

In August, the company set up Adani Petrochemicals Limited, including petrochemical complexes, chemical units, hydrogen and chemical plants and other similar units.

Image Source

Adani Group is planning to mark its entry into the business of developing an alumina refinery and an aluminium smelter. Adani Enterprises has announced that it has joined Mundra Aluminium Limited in December. The company said that Mundra Aluminium has not commenced the work of business operations and paid-up share capital of Rs 1 lakh. According to an official statement, Mundra Aluminium has combined with Adani for setting up an alumina refinery and an aluminium smelter. Mundra Aluminium Limited has been incorporated in India. The company is registered with the Registrar of Companies in Gujarat and Ahmedabad. Gautam Adani is preparing to enter new sectors. In June, Adani Enterprise incorporated Adani Cement Industries Limited to continue its business as a manufacturer, producer and processor of all types of cement. In August, the company set up Adani Petrochemicals Limited, including petrochemical complexes, chemical units, hydrogen and chemical plants and other similar units. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement