Odisha approves Rs 8000-crore new alumina project by Hindalco

The new refinery estimated to cost Rs 8000 crore, is proposed to come up at Kansariguda near Rayagada in southern Odisha

The High Level Clearance Authority (HLCA), the apex body to clear investment projects in Odisha, approved a new greenfield alumina refinery unit, proposed by Aditya Birla Group-owned Hindalco Industries. It is estimated to cost Rs 8,000 crore, is proposed to come up at Kansariguda near Rayagada in Odisha. With an envisaged nameplate capacity of two million tonnes per annum, the project is expected to spawn employment for 4,250 people. Hindalco will bank on the Odisha government on raw material for feeding the refinery. This project is scheduled to go on stream in four to five years. Bauxite from any of