Birlas & Odisha

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A compilation on this is at https://www.facebook.com/media/set/?set=...677&type=3 .

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Following is an excerpt from https://www.newindianexpress.com/states/...-in-odisha 

Hindalco proposes investment of over Rs 25K crore in Odisha

04 Jul 2024, 11:11 pm


BHUBANESWAR: Hindalco Industries Ltd has planned to invest over Rs 25,000 crore in various upcoming industrial projects in Odisha.

Managing director of Hindalco Satish Pai met Chief Minister Mohan Charan Majhi in Bhubaneswar on Thursday and briefed him about the activities of the company in the state and future investment plans.

Pai apprised the chief minister that the company has, so far, made an investment of over Rs 30,000 crore in various industrial units operational in the state and there are plans to invest over Rs 25,000 crore more.

As proposed, the three MTPA Aditya alumina refineries of Hindalco at Kanshariguda in Rayagada district will have an investment of Rs 8,000 crore. ...

The second apparel manufacturing unit of Aditya Birla is also coming up near the refinery plant which would generate local employment for over 3,000 women.

The Hindalco MD further informed that the company is setting up a flat rolled products (FRP) projects at Lapanga in Sambalpur district with an investment of over Rs 5,000 crore. Nearly 80 per cent of the project work has been completed and it is likely to be commissioned by January next year.

... Hindalco also plans a 1,000 MW floating solar project at Hirakud which would have an investment of around Rs 6,000 crore. In addition, the company has also decided for the expansion of its aluminium smelter at Lapanga at a cost of about Rs 7,000 crore.

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Following is from the Hindalco press release in December 2023 at https://www.hindalco.com/media/press-rel...-ev-market .

Hindalco to set up battery foil manufacturing facility in Odisha to tap EV-market
12 December 2023
25,000 tonne battery foil plant to be commissioned by July 2025
Provides a stellar thrust to the government's green initiatives

Mumbai: Hindalco Industries, the world's largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of fine quality aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The company is investing Rs.800 crore to build a new plant near Sambalpur in Odisha that will initially produce 25,000 tonnes of the resilient product which forms the backbone of Lithium-ion and Sodium-ion cells.

By 2030, demand for battery grade aluminium foil in India is expected to grow manifold to 40,000 tonnes, primarily driven by mushrooming growth in gigafactories for advanced cell manufacturing.

“We are seeing a fast traction in battery materials demand, driven by an impressive outlook for the Electric Vehicle and Grid Storage sectors. Raw material localization is critical in such strategic sectors,” said Satish Pai, Managing Director, Hindalco Industries. “Hindalco is thus making various investments in battery materials and technologies towards building Atmanirbhar Bharat. Investment in this new battery foil mill is another such step in this direction.”

....

About Hindalco Industries
Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. Along with its subsidiary Novelis, Hindalco is the global leader in flat rolled products and the world's largest recycler of aluminium. With a global footprint spanning 52 manufacturing units across 10 countries, the company is committed to driving sustainable development through innovative solutions. Hindalco was ranked the world's most sustainable aluminium company in the Dow Jones Sustainability Indices (DJSI) in 2020, 2021 and 2022.