Vedanta To Invest Rs 1 Lakh Crore In Odisha To Set Up Alumina Refinery And Aluminium Plant
Key Points
Metal and mining major Vedanta on Friday announced an investment of Rs 1 lakh crore in Odisha to set up an alumina refinery and an aluminium plant in the State and create 2 lakh new jobs.
Mumbai/ Bhubaneswar, Oct 18: Metal and mining major Vedanta on Friday announced an investment of Rs 1 lakh crore in Odisha to set up an alumina refinery and an aluminium plant in the State and create 2 lakh new jobs.
The announcement came after Vedanta Chairman Anil Agarwal called on Odisha Chief Minister Mohan Charan Majhi at the Make in Odisha Conclave 2025 roadshow, "Utkarsh Odisha," in Mumbai, today.
ମୁମ୍ବାଇ ଠାରେ ବେଦାନ୍ତ ଗ୍ରୁପର ଅଧ୍ୟକ୍ଷ @AnilAgarwal_Ved ଙ୍କୁ ସାକ୍ଷାତକରି ରାଜ୍ଯରେ ବେଦାନ୍ତ ଆଲୁମିନିୟମର ସଂପ୍ରସାରଣ ଏବଂ ନିବେଶ ସମ୍ପର୍କରେ ବିସ୍ତୃତ ଆଲୋଚନା କଲି।
— Mohan Charan Majhi (@MohanMOdisha) October 18, 2024
ରାଜ୍ଯରେ ବହୁତ ଶୀଘ୍ର ‘ଉତ୍କର୍ଷ ଓଡ଼ିଶା ସମ୍ମିଳନୀ’ଆୟୋଜନ କରାଯିବ। ନିବେଶ ପାଇଁ ସ୍ଵତନ୍ତ୍ର ପ୍ରୋତ୍ସାହନ ସହିତ ସମସ୍ତ ସୁବିଧା ସୁଯୋଗ ଯୋଗାଇଦିଆଯିବ। ଅପାର… pic.twitter.com/yrSACfF7se
CM Majhi is in Mumbai for a roadshow to be held on Saturday, ahead of an investor summit in Odisha in January 2025.
The new investment in Odisha will be in setting up a 6 million tonne per annum (MTPA) alumina refinery and a 3MTPA green aluminium plant, a statement from Vedanta said.
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✨It will create 2 lakh new jobs in the state and help Odisha achieve its goal of becoming a USD 500 billion economy by 2030, it added.
Additionally, the company will also open education centres, hospitals, skill development centres and play schools along with the Odisha government in the State, it stated.
As Odisha progresses toward becoming one of the most developed states with a vision to achieve a half-trillion-dollar economy by 2030, Vedanta envisions Rayagada emerging as a highly developed region, akin to the new Jharsuguda, the company said.
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