Bhubaneswar : Chief Minister Mohan Charan Majhi and Vedanta Group Chairman Anil Agarwal Wednesday discussed about the progress of Vedanta’s upcoming projects in Odisha, valued at over ₹1 lakh crore.
The discussion primarily focused on ensuring the timely implementation of these projects. It is noteworthy that with an investment exceeding ₹1 lakh crore, Vedanta has emerged as a major investor in the state.
Vedanta’s proposed establishments in Odisha include:
• A 60 lakh tonne capacity Alumina Refinery in Rayagada district.
• A 30 lakh tonne capacity Aluminium Smelter in Dhenkanal district.
• A 6000 MW capacity Power Project in Dhenkanal district.
• A Downstream Aluminium Park, along with Integrated Coal and Bauxite Industries.
These projects will collectively bolster the state’s industrialization process.
Vedanta will set up the Downstream Aluminium Park near its smelter to manufacture advanced aluminium products tailored for sectors like aerospace, electric vehicles (EV), and defence. These initiatives will position Odisha as the world’s largest aluminium production hub, generating lakhs of employment opportunities and fostering the creation of thousands of new MSMEs.
Land allocation has already been completed for the Power Project and Smelter in Dhenkanal, as well as the Alumina Refinery project in Rayagada. The provision of necessary infrastructure and facilities for these projects is progressing smoothly. The company’s new coal block is targeted to become operational this year.
Additionally, the Ministry of Railways has approved a proposed rail link near Vedanta’s upcoming bauxite mine.
During the discussion, the Chief Minister stated that the progress of Vedanta’s projects will be reviewed every 15 days, and steps will be taken to ensure work commences on schedule.
These projects will accelerate our journey toward transforming Odisha into a $500 billion economy by 2036. It will significantly boost economic activities and infrastructure development, particularly in Central and Southern Odisha.”
Reflecting on the progress of the projects, Anil Agarwal remarked that the upcoming projects will bring a transformation to Odisha’s economy. They will generate lakhs of jobs, empower local enterprises, and help build a future-ready industrial hub.
The meeting was attended by Hemant Sharma, Additional Chief Secretary (Industries), Saswat Mishra, Additional Chief Secretary to the Chief Minister, and Dr. Arabinda Padhee, Additional Chief Secretary (Revenue).
