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Vedanta to set up Aluminium Park in Odisha with an investment of Rs 10,000 crore


Vedanta to set up Aluminium Park in Odisha with an investment of Rs 10,000 crore
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Vedanta to set up Aluminium Park in Odisha with an investment of Rs 10,000 croreBy
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The facility will benefit small and medium downstream enterprises, which can set up their manufacturing units and draw hot metal from Vedanta’s aluminium smelter in Jharsuguda to make their end-products.
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Vedanta Ltd. plans to invest Rs 10,000 crore in setting up an aluminium park in Odisha to facilitate companies that use the metal to set up their manufacturing units in the facility.
“This aluminium park is along the lines of major industrial towns in other parts of India. It will generate additional livelihood for more than 1 lakh people and will touch the lives of more than 4 lakh,” the Anil Agarwal-led company said in a statement on Thursday. ....

Anil Agarwal Led , Aluminium Park , Vedanta Ltd , அனில் அகர்வால் வழிநடத்தியது , அலுமினியம் பூங்கா , வேதாந்தா லிமிடெட் ,

NALCO to invest Rs 30,000 cr on expansion by 2027-28, says Pralhad Joshi


NALCO to invest Rs 30,000 cr on expansion by 2027-28, says Pralhad Joshi
ANI |
Updated: Jan 07, 2021 17:56 IST
New Delhi [India], January 7 (ANI): Union Minister for Coal and Mines Pralhad Joshi on Thursday said that NALCO will invest around Rs 30,000 crores by the financial year 2027-28 on the company s expansion and diversification plans.
Joshi made the remarks while addressing the 41st Foundation Day of NALCO today at the company s headquarters in Bhubaneswar, Odisha, the Ministry of Coal said in a press release.
Out of this proposed investment, the company will spend over Rs 7000 crores on the fifth stream refinery, Pottangi bauxite mines, bauxite transportation system from south block & Utkal D & E coal mines. Remaining Rs 22,000 crores will be spent on the smelter and captive power plant (CPP) expansions, which also include expansion of the company s smelter plant at Angul district in Odisha with the construction of ....

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