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Adani Group plans to invest Rs 57,575 crore in two Odisha projects

The group will also set up a 175 megawatt capacity captive power plant (CPP) at Kashipur of Rayagada district

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In June, Adani Enterprises raised 60.7 billion rupees in a syndicated club loan for a 500,000 tonnes new copper refinery complex in Gujarat.

BS Reporter
The Adani Group is planning to  invest Rs 57,575 crore in Odisha with the state government approving its proposal to set up two projects — a 4 million metric tonnes per annum (MMTPA) Integrated alumina refinery and a 30 MMTPA iron ore (value addition) project. 

“Odisha is one of our most strategic states where we have continue to invest and are always appreciative of the support we have received from Chief Minister Naveen Patnaik,” said Gautam Adani, Chairman, Adani Group. 

“Metals are critical commodities in which our nation must be self-reliant, and these projects are aligned with our vision of Atmanirbharta. In