Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi has stated that the Vedanta Group’s proposed projects worth over ₹1 lakh crore in the state will be reviewed every fortnight to ensure timely execution.
During a meeting in Bhubaneswar, Vedanta Group Chairman Anil Agarwal and Majhi discussed the progress of upcoming projects in Odisha, focusing on their timely implementation, according to a statement from the Chief Minister’s Office (CMO) released on Wednesday.
Majhi emphasized that these projects would accelerate Odisha’s journey towards becoming a USD 500 billion economy by 2036.
“The progress of Vedanta’s projects will be reviewed every 15 days, and steps will be taken to ensure that work commences on schedule. These projects will significantly boost economic activities and infrastructure development, particularly in central and southern Odisha,” he stated.
According to the CMO, Vedanta has already invested approximately ₹1 lakh crore in Odisha to establish an aluminium ecosystem, which includes the world’s largest aluminium complex in Jharsuguda and one of the largest alumina refineries in Lanjigarh.
The company has proposed additional investments for a 60-lakh-tonne alumina refinery in Rayagada district, a 30-lakh-tonne aluminium smelter, and a 6,000-MW power plant in Dhenkanal district, along with downstream aluminium parks and integration with coal and bauxite mines.
The proposed downstream aluminium parks will be located near Vedanta’s smelters to produce advanced aluminium products for sectors such as aerospace, electric vehicles, and defence, as stated by the company.
These projects are expected to position Odisha among the world’s largest aluminium manufacturing hubs, generating lakhs of jobs and creating thousands of MSMEs.
During the meeting, Agarwal remarked that the upcoming projects would have a transformational impact on Odisha’s economy.
“Our upcoming projects will add lakhs of jobs, energise local enterprises, and help create a future-ready industrial hub,” he said. “We deeply appreciate the government’s support and pledge to remain Odisha’s committed partner in progress,” Agarwal added.
Source: Economic Times
