Aditya Birla Group to set up a world-class aluminium project in Orissa

8 April 2005

Hindalco Industries Limited, the Aditya Birla Group's flagship company, today entered into a Memorandum of Understanding (MoU) with the government of Orissa to set up a world-class aluminium complex in Orissa.

This integrated aluminium project will comprise an alumina refinery of one million metric tonnes per annum, an aluminium smelter plant of 2,60,000 tonnes per annum, a captive power plant of 650 MW and bauxite mines of three million tonnes annual capacity, at a project cost of about Rs.11,000 crore.

Dr. Kumar Mangalam Birla, Chairman of the Aditya Birla Group and the Honourable Chief Minister of Orissa, Shri Naveen Patnaik, were present at the signing ceremony in Bhubaneswar. Dr. Birla said that this MoU with the government of Orissa marks a key milestone, creating a very strong global growth platform for the company's aluminium business. This project also positions Orissa on the world map in the metals sector.

He expressed his deep appreciation to the entire Orissa government apparatus, which, under the visionary leadership of the Honourable Chief Minister, Shri Patnaik, helped facilitate the project.