Adani Enterprises on Thursday signed a Memorandum of Understanding (MoU) with the Odisha government for development of a Rs 1.08 lakh crore greenfield aluminium project in partnership with Abu Dhabi-based IHC in Odisha.
ET earlier reported that Adani Group and IHC plan to jointly invest $11.5 billion over the next few years to build a mega aluminium plant that could catapult India's total capacity by nearly 50%, marking Adani's second metals venture after its copper smelter in Gujarat that began operations last year.
