Adani Group plans to step up aluminium play, may go for production

India is a net importer of alumina. But the Adani refinery is likely to make the country a net exporter

Adani Group’s plans in the base metals space may be bigger than just setting up a mega alumina refinery. If the ongoing talks between the conglomerate and the Odisha government are any indication, the group is exploring an entry into the production of aluminum.

The group on Thursday announced that the High-Level Clearance Authority (HLCA) of the Government of Odisha headed by Chief Minister Naveen Patnaik had approved its proposal for two projects, including a 4-million-tonnes-per-annum (mtpa) integrated alumina refinery.

The proposed project — entailing an investment of Rs 41,653 crore — would come up in Kashipur, Rayagada district. The plans for