π Tender Overview
Scope: to set up an alumina refinery and an aluminium plant in Odisha.
The group has already invested Rs 1 lakh crore across assets in the state. The new investment will be in setting up a 6 million tonne per annum (MTPA) alumina refinery and a 3MTPA green aluminium plant,. It will create 2 lakh jobs in the state and help Odisha achieve its goal of becoming a USD 500 billion economy by 2030.
The new investment will create "massive industrial complex" for downstream industries,there are hundreds of applications for aluminium including in the auto, power, construction and railways sectors. As per the statement, demand for aluminium -- a metal of the future -- is likely to double by 2030.