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Indian private-sector conglomerate Adani Group is planning to set up a 30mn t/yr iron ore plant and a 4mn t/yr alumina refinery in east India's Odisha state.
The firm will invest 575bn rupees [$7.23bn] in the two projects that have received high-level clearance approval from the Odisha government.
The iron ore project will comprise a beneficiation plant that will produce iron ore concentrate, a pellet plant and a slurry pipeline. The alumina refinery will produce smelter-grade alumina and will use renewable energy for its operations.
Adani signed an initial deal earlier this year with South Korean steel producer Posco to set up a "green" integrated steel mill at Mundra in west India's Gujarat state.
argusmedia.com
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