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 India's richest Gautam Adani adds another company. The group said it will set up a 4 million tons per year alumina refinery near bauxite mines, as well as an iron ore project.

The High-Level Clearance Authority (HLCA) of the Government of Odisha, led by Prime Minister Naveen Patnaik, approved the Adani Group's proposal to set up two projects: an integrated alumina refinery of 4 million tons per year and an iron ore of 30 million tons.

The Adani group started out as a commodities trader in the late 1980s and over the years has added ports, airports, electricity, renewable energy, gas distribution, data centers and more recently cement activities.

“Odisha is one of our most strategic states in which we have continued to invest and we are always grateful for the support we have received from Prime Minister Naveen Patnaik,” said Gautam Adani, chairman of the Adani Group.

Metals, he said, are essential goods in which the nation must be self-reliant, and these projects are in line with Atmanirbhar Bharat's vision.