Adani eyes Odisha Mining Corporation for bauxite security after Rs 1.01 Lakh Cr MoU with Majhi govt
Bhubaneswar, July 4 -- The Adani Group expects construction of its proposed integrated aluminium project in Odisha to begin after completing all statutory and environmental clearances, a process that is likely to take up to 18 months, APSEZ Managing Director Karan Adani said on Thursday.
Speaking after signing a Memorandum of Understanding (MoU) with the Odisha government, Adani said the company will spend the next year to a year and a half obtaining the necessary approvals before work begins on the ground.
He said India offers significant opportunities for aluminium manufacturers as domestic demand continues to outpace supply. Despite having some of the world's largest aluminium producers, the country still imports the metal, indicatin...
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