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Aluminum Park - Angul
#1
Following is from https://investodisha.gov.in/industry-inf...-clusters/ .


Quote:Aluminium Park, Angul

The Aluminium Park at Angul in Odisha is an exclusive state-of-the-art industrial park for ancillary and downstream industries for alumina and aluminium.

Odisha accounts for nearly 55% of the bauxite presence in India and the park has been envisaged to leverage on this advantage and encourage investment in aluminium based industries. Spread over an area of 223 acres, the park is strategically located at a distance of only 4 km from the National Highway 42. It is also first of its kind park in the sub–continent with a facility for directly having molten aluminium from the smelter. About $29 million is proposed to be spent on developing a state-of-the-art infrastructure to facilitate the industries. The park is also strategically well connected by means of roadways and railways and international airport. Paradeep port, one of the largest ports in India and a gateway to the ASEAN markets is just 174 km away from the park.

The project features an exclusive infrastructure and common facility for downstream industries in the aluminium sector. The infrastructure is designed with plug-and-play facilities, which enable the industries to setup in minimal time and begin production. The project also ensures committed feedstock of metal for the industries. Major investment opportunities lay in the value added products to cater to white goods, auto components, construction and other industries.

Project Brochure: https://investodisha.gov.in/Application/...ark_AW.pdf 
Aluminum Project Report: https://investodisha.gov.in/Application/...port_1.pdf 
Watch Video: https://www.youtube.com/watch?v=4gBpyvpy4FU 
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#2
Following is an excerpt from https://www.prameyanews.com/odisha-cabin...-in-angul/ .


Quote:Odisha Cabinet approves financial assistance for development of mega Aluminum Park in Angul
18/05/2022 at 7:47 PM

Bhubaneswar, May 18: The State Cabinet approved the new scheme called ‘Financial Assistance for development of Mega Aluminium Park at Angul’ to be executed through IDCO to develop Mega Aluminium Park at Angul. ...

State Government will extend gross financial assistance of Rs 428.95 crore to develop Mega Aluminium Park (Including land acquisition). The target date of completion of the Park is three years.

Taking note of the above, the State Cabinet today approved the new Scheme “Financial Assistance for development of Mega Aluminium Park at Angul” and budgetary support of Rs 428.95 Crore (from the period 2021-22 to 2023-24) to IDCO under the said scheme.
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