Vedanta Ltd., the major Aluminium producer of India, in a statement announced to invest INR 10,000 Crore for setting up an Aluminium Park in Jharsuguda, Odisha.
On completion, the Aluminium Park facility will help small and medium enterprises to set up their manufacturing units downstream, and draw hot metal from Vedanta’s already running Aluminium smelter in Jharsuguda to manufacture end-products. Vedanta has promised to supply 3 Lakh MTPA of molten Aluminium to downstream industries which shall set up their facilities in the proposed aluminium park.
Currently, discussions with Odisha government are in progress to get necessary approvals for this project. The Aluminium Park project is expected to produce around 1 Lakh job opportunities in Odisha.