Adani Group to set up alumina mill in Odisha

Adani Group will invest Rs 57,575 crore in setting up an alumina refinery in Odisha as the conglomerate run by richest Indian Gautam Adani adds one more business. The group said it will set up a 4-million tonne a year alumina refinery near bauxite mines as well as an iron ore project.

The High-Level Clearance Authority (HLCA) of the government of Odisha, headed by chief minister Naveen Patnaik, approved the Adani Group’s proposal to set up two projects -- a 4 million tonnes per annum integrated alumina refinery and a 30 million tonnes iron ore project.

Starting as a commodities trader in late 1980s, the Adani group has over the years added ports, airports, power, renewable energy, gas distribution, data centre and more recently cement business.

“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 chief minister Naveen Patnaik,” said Gautam Adani, Chairman, Adani Group.

Metals, he said, are critical commodities in which the nation must be self-reliant, and these projects are aligned with vision of Atmanirbhar Bharat.