Hindalco Industries Limited is set to sign an MoU with Odisha Mining Corporation. The MoU involves a long-term supply of Bauxite ore for Hindalco’s upcoming alumina refinery and captive power plant in Kansariguda, Rayagada District.
This marks the company’s second alumina refining facility in the region. The total investment for the project is Rs 8,000 crore, divided into two phases. Phase one, with a capacity of 1 million tonnes, is expected to commence operations in FY27, requiring an investment of Rs 5,500 crore.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
