A High-Level Clearance Authority (HLCA) chaired Chief Minister Naveen Patnaik approved 10 industrial projects worth ₹74,620.18 crores including a 4 million tonne per annum capacity alumina refinery proposed by Adani Enterprises Limited.
The Adani group has come up with an investment proposal to the tune of ₹41,653 crore for the alumina refinery and 175 megawatt capacity captive power plant (CPP) at Kashipur of Rayagada district.
Odisha possesses more than half of India’s bauxite reserve. The major bauxite deposits of Odisha are associated with Eastern Ghats Mobile Belt — which Rayagada along with neigbouring Koraput districts is part of. Bauxite reserves are situated at 900 metre to 1400 m above mean sea level.
