Coal India Ltd announced on Tuesday that its board of directors has accepted a pre-feasibility assessment for the establishment of an integrated aluminium plant in Odisha.
In December of last year, the miner received in-principle clearance to enter the aluminium and solar sectors, as well as to develop special purpose vehicles.
In a regulatory filing the coal behemoth said,”CIL in its board meeting held on date had accorded its in-principle approval to pre-feasibility report for setting up of integrated greenfield aluminium project in Odisha which shall include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its wholly owned subsidiary Mahanadi coalfields Limited.”
