Vedanta to Invest Rs 1 Tn in Odisha for Aluminium Hub Development

04 Apr 2025 CW Team

In a major push to Odisha’s industrial landscape, Vedanta Ltd. has announced a Rs 1 trillion investment to set up a state-of-the-art aluminium park in Jharsuguda and a 3 MTPA aluminium plant in Rayagada district.

Spread across 253 acres, the proposed Jharsuguda Aluminium Park will accommodate over 100 MSMEs and is expected to generate 2 lakh employment opportunities, according to the company’s statement. The park aims to catalyse downstream industries and attract aluminium-reliant manufacturing units.

Sunil Gupta, COO of Vedanta Aluminium, underscored the company’s focus on women empowerment, skill development, and environmental sustainability in Odisha. “Our Rs 1 trillion investment reflects our deep confidence in Odisha’s potential to lead India’s industrial revolution,” he noted.

The announcement comes on the heels of a Memorandum of Understanding (MoU) signed with the Odisha Government during the ‘Utkarsh Odisha-Make in Odisha Conclave’ in January 2025.

Vedanta currently operates a 1.8 MTPA aluminium smelter in Jharsuguda, a 3.5 MTPA alumina refinery in Lanjigarh, and several mining projects across the state. The new investment is expected to further Odisha’s emergence as India’s aluminium capital, fuel industrial growth, and open vast employment avenues.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..