Bhubaneswar: Chief Minister Mohan Charan Majhi on Saturday reviewed the Aditya Birla Group’s ongoing and proposed investments in Odisha with the conglomerate’s Chairman Kumar Mangalam Birla, during which the company proposed an additional investment of around ₹12,000 crore to expand its greenfield alumina refinery project at Kansariguda in Rayagada district.
The proposed expansion will increase the capacity of the Hindalco Industries Limited refinery from the originally planned one million tonnes per annum (MTPA) to three MTPA. With the fresh investment, the total investment in the project will rise to around ₹20,000 crore from the initially envisaged ₹8,000 crore.
The meeting focused on reviewing the progress of the Group’s projects in Odisha and identifying measures to facilitate their timely implementation. Discussions also explored opportunities for expanding the Aditya Birla Group’s presence in sectors where it currently has limited operations in the state.
