02-Jul-2026 17:20:01
ADANIENTExpansion
ADANI ENTERPRISES : BIGGEST GREENFIELD ALUMINIUM PROJECT IN ODISHA WORTH RS 108,000 CR
• Adani Enterprises and IHC Group's IRH to form a 50:50 joint venture for a USD 11.5 billion integrated greenfield aluminium project in Odisha. • Project includes a 4 MMTPA alumina refinery, 2 MMTPA aluminium smelter, 4,000 MW captive power plant, and 1 MMTPA downstream manufacturing park. • The investment, valued at approximately ₹1.08 lakh crore (USD 11.5 billion), is expected to be Odisha's largest Foreign Direct Investment (FDI) proposal. • Greenfield project to be developed in two phases with investments of ₹66,000 crore and ₹44,000 crore. • Expected to create 53,500 jobs and position Odisha as a global aluminium manufacturing hub.
Adani Enterprises Limited
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