Vedanta Resources Chairman Anil Agarwal Monday announced the company’s plan to inject Rs 15,000 crore to raise the alumina refinery capacity at Lanjigarh three-fold to six mtpa and firm up downstream sector in Odisha in three years.
The expansion of the Lanjigarh plant in phases would increase the capacity of the refinery from the existing two million tonnes per annum (mtpa) to four mtpa and then to six mtpa in the next three years, Anil Agarwal, who is also the founder of the company said addressing the Make in Odisha Conclave.
“Vedanta has already invested over Rs 50,000 crore in Odisha projects. Fresh investment of Rs 15,000 crore will be made in the next three years for expansion of Lanjigarh refinery and strengthening of downstream sector,” Agarwal said this while addressing the conclave and later interacting with journalists.
He said, Vedanta’s aluminium park at Jharsuguda, where its smelter unit is located, is progressing well and around 25 downstream industries have come up and over 100 such units are likely to be set up in the complex spread over an area of 250 acres.