Adani to set up alumina refinery in Odisha

16 Aug 2022 CW Team

As Gautam Adani, Asia's richest man, adds another business to his rapidly expanding empire, Adani Enterprises plans to invest $5.2 billion in the establishment of an alumina refinery in the eastern Indian state of Odisha. According to a Twitter post by the office of the state's Chief Minister, Naveen Patnaik, the flagship company of the Adani Group has received approval to build the refinery and a captive power plant in Rayagada for an investment of 416.53 billion rupees ($5.2 billion). The refinery will have a capacity of 4 million tonnes per year.

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