Odisha Chief Minister Mohan Charan Majhi met Vedanta Group chairman Anil Agarwal on Wednesday in Bhubaneswar to assess the status of the company's proposed investments in the state, estimated at over Rs 1 lakh crore. The discussion focused on fast-tracking execution and ensuring the timely rollout of the projects.
Vedanta's Key Proposals
Vedanta has positioned itself among the state's largest investors. Its major proposals include a 60 lakh tonne alumina refinery in Rayagada, a 30 lakh tonne aluminium smelter in Dhenkanal, a 6,000 MW power plant, a downstream aluminium park, and integrated coal and bauxite operations.
Land Allocation and Infrastructure
According to officials, land for major projects has already been allotted. This includes the refinery in Rayagada, and the smelter and power plant in Dhenkanal. Work on essential infrastructure is currently in progress. The company's coal block is expected to be operational within a year, while the railway ministry has cleared a rail connectivity project near the upcoming bauxite mine.
Aluminium Park and Industrial Growth
The proposed aluminium park, to be developed near the smelter, is likely to produce high-end products catering to sectors such as aerospace, electric mobility, and defence. These initiatives are expected to strengthen industrial growth in central and southern Odisha, besides supporting ancillary units and MSMEs.
Government Commitment
Chief Minister Majhi stated that the state government will review progress every fortnight to address any hurdles promptly. "This investment will open up vast employment opportunities for our youth and hasten Odisha's goal of becoming a $500-billion economy by 2036," he said.
Vedanta Chairman's Remarks
Anil Agarwal expressed confidence that the projects would significantly boost the state's economy, create jobs at scale, and support local businesses.
