Coal India to prepare pre-feasibility report for aluminium project in Odisha
Coal India Limited said that its board of directors has given in-principle approval to a pre-feasibility report for establishing an integrated greenfield aluminium project in Odisha.
The integrated aluminium project will include bauxite mining, an alumina refinery, an aluminium smelter, and associated captive power plant. It will be owned by the company’s fully-owned subsidiary — Mahanadi Coalfields Limited (MCL).
Coal India Limited is an Indian government-owned coal mining company. Last December, the Narendra Modi government had approved the company’s INR 1 lakh crores diversification plan to establish a couple of aluminium plants in the eastern region of the country along with a solar module manufacturing value chain.
CATEGORIES Metals and Mining Industry News