Vedanta to Establish ₹1 Trillion Aluminium Complex in Odisha’s Rayagada District
Mining conglomerate Vedanta has announced plans to invest ₹1 trillion in setting up an aluminium refinery and smelter in Odisha’s Rayagada district. The project will feature a 6 million tonnes per annum (MTPA) alumina refinery and a 3 MTPA aluminium smelter. The first phase is expected to be commissioned within the next three years, with subsequent expansions planned.
Vedanta has secured the Sijimali bauxite mine in Rayagada, which is currently under development to supply raw material for the new facilities. This initiative aligns with the company’s strategy to enhance its aluminium production capabilities and contribute to the region’s economic growth.
This investment builds upon Vedanta’s existing operations in Odisha, where the company has already invested over ₹1 trillion. Current assets include a 1.8 MTPA smelter in Jharsuguda and a 3.5 MTPA alumina refinery in Lanjigarh, along with chrome ore mines in Jajpur and Dhenkanal districts.
In addition to industrial development, Vedanta plans to establish educational institutions, healthcare facilities, and skill development centers in collaboration with the Odisha government, aiming to foster comprehensive regional development.
