Mining conglomerate Vedanta said the company’s Rs 1 lakh crore aluminium refinery and smelter project will be set up in Raygada district of Odisha.    

The first phase of the project is expected to be commissioned in the next three years, which will be expanded later, company Chairman Anil Agarwal said.    

Vedanta in October last year announced that it will make Rs 1 lakh crore investment in Odisha to build a 6 MTPA alumina refinery and a 3 MTPA green aluminium plant. 

However, the place where it will be set up was not revealed then.   

Speaking on the sidelines of the state’s business conclave, Utkarsh Odisha-Make in Odisha, Agarwal said, “We will establish the aluminium refinery of 6 million tonnes per annum (MTPA) capacity and aluminium smelter of 30 lakh tonne capacity in Rayagada district. The total investment will be around Rs 1 lakh crore.”    

He said the mining conglomerate has got Sijimali bauxite mine in Rayagada district, which is now being developed for exploration.