 "Nalco rides on London Metal Exchange gains, sees room for more price hikes")
The High Level Clearance Authority (HLCA), the apex body to approve investments in Odisha, cleared six key manufacturing projects, including those proposed by aluminium producers- National Aluminium Company (Nalco), Hindalco Industries and Vedanta Ltd.
In parallel, the ground breaking ceremony was performed for 15 projects with a week to spare for the second edition of ‘Make in Odisha’, the showpiece biennial investors’ conclave from November 11-15.
The six large projects are worth Rs 258.45 billion with the potential of generating 13,700 jobs. Vedanta Ltd’s plan to ramp up its Lanjigarh alumina refinery in Odisha with an investment of Rs 64.86
