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 Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->