By Our Correspondent
BHUBANESWAR: State owned Odisha Mining Corporation on Thursday inked an MoU with Aditya Birla Group run Hindalco for Raw Material Linkage at HINDALCO Alumina Refinery, at Kanshariguda in Rayagada .OMC MD Balwant Singh and Hindalco MD Satish Pai signed the agreement for their respective organizations. The deal will facilitate and speed up the work for a two-million-tonne alumina refinery in Rayagada.
Chief Minister Naveen Panaik underlines the state’s pivotal role in fostering sustainable industrial growth through Long-term Linkage Policy, facilitating expansion & job creation.He appealed to the people of Rayagada to support the refinery project so that work could start soon and make visible changes in the lives of local people.
Besides, Chief Minister Naveen Patnaik, State’s Industry, Energy and MSME Minister Pratap Keshari Deb, Chief Secretary PK Jena, Development Commissioner Anu Garg , ACS Energy NK Dhal, 5T Secretary VK Pandian, Industry Secretary Hemant Sharma , Steel and Mines Secretary and Chairman OMC, DK Singh, Finance Secretary Vishal Dev OMC MD Balwant Singh and others were among those present.
Sources said, the company plans to secure Bauxite ore for its proposed 2-million tonnes alumina refinery and 150-MW captive power plant at Kansariguda, Rayagada district, in Odisha. This will be Hindalco’s second alumina refining plant in the Rayagada district of Odisha. The total proposed investment of Rs 8,000 crore will be in two phases. The first phase of one million tonnes is likely to be commissioned in FY’27, at an investment of Rs 5,500 crore.
