Hindalco Industries, a powerhouse in aluminium production, unveiled its strategic plan to establish a cutting-edge 2 million-tonne alumina refinery and a state-of-the-art 150-MW power plant at Kansariguda in the Rayagada District.
The heart of this collaboration lies in the long-term supply of bauxite ore, the lifeblood of aluminium production. Odisha Mining Corporation, renowned for its commitment to excellence, will play a pivotal role in fuelling Hindalco's ambitious venture. This MoU, a testament to their shared dedication, was formally announced through an exchange filing, further underscoring its significance.