Metaltech's project not to cause any difficulties for families
The company proposes to invest $1199 million in this project which would have 0.7 million ton per annum alumina refinery in Rayagada district. It may be noted that the RSB Metaltech is a company completely owned by Odia entrepreneurs.
As per the authorities of the company, the greatest plus point of their proposed project is that no one would be physically displaced for the project. This project would come up on 1516 acres of land of Gumma and Serigumma panchayats in Kalyansinghpur block of Rayagada district. Sixteen villages are to be affected by the project but the plan of the project has been drawn up in such a way that none of these villages would have to be displaced.
Around 80 per cent of the land for the project has been already acquired. The company is on the path of having an agreement with the Odisha Mining Corporation for ore supply.
The company sources claimed that this project would generate employment directly or indirectly for at least 4000 localites of the area. Since past few years the company has started developmental projects for the inhabitants of the area who would be affected by the project.
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