Adani Group to set up alumina mill in Odisha
COAL & MINING

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.

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.

Next Story
Infrastructure Transport

India Aims to Lead Global Auto, Green Mobility and Infrastructure

Union Minister for Road Transport and Highways, Shri Nitin Gadkari, on Monday unveiled an ambitious roadmap at the International Value Summit 2025 in New Delhi to position India as a global leader in automobile manufacturing, green mobility, and infrastructure innovation.India has surpassed Japan to become the third-largest automobile market globally, with the government targeting the top position within five years. “All major global automobile brands are now present in India. Their focus has shifted from merely assembling to exporting vehicles from India to the world,” said Shri Gadkari. ..

Next Story
Infrastructure Transport

Delhi Airport Terminal 2 Set to Reopen With Modern Features

Delhi Airport’s Terminal 2 (T2), closed in April for a comprehensive upgrade, is set to reopen on 26 October, coinciding with the start of the aviation winter schedule. The refurbished terminal introduces several modern features, including self-service baggage drop and six passenger boarding bridges equipped with autonomous docking—a first in India.Delhi International Airport Ltd (DIAL) said about 120 daily domestic flights of Air India and IndiGo will shift operations to the upgraded terminal from the night of 25–26 October. In India, the winter aviation schedule runs from the last Sund..

Next Story
Infrastructure Urban

CCI Approves PNC Infratech Acquisition of Jaiprakash Associates

The Competition Commission of India (CCI) has approved the proposed acquisition of Jaiprakash Associates Limited (JAL) by PNC Infratech Limited (PNC Infratech).The Proposed Combination involves PNC Infratech acquiring a minimum of 95 per cent and up to 100 per cent of JAL, either directly or through a special purpose vehicle wholly owned by the Acquirer. JAL is currently under the corporate insolvency resolution process governed by the Insolvency and Bankruptcy Code, 2016.PNC Infratech is a publicly listed infrastructure company in India, primarily executing Engineering, Procurement, and Const..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?