14 AUGUST 2015AlCircle.com
Utkal Alumina gets government approval for its expansion plans
Edited by : AL CIRCLE
1 min read
Odisha government has approved the expansion plans for Utkal Alumina Ltd, an Aditya Birla group firm and Bhushan Power & Steel Ltd (BPSL) in a meeting today. This is considered to be a step towards boosting the industrialization in the state of Odisha.
"The State Level Single Window Clearance Authority (SLSWCA) has approved two expansion plans and recommended them to the High Level Clearance Authority (HLCA). The expansion projects will generate an additional employment for 998 people," General Manager of state-owned Industrial Promotion & Investment Corporation of Odisha Ltd (IPICOL) Kalyan Mohanty said.
A decision in this regard was taken at the meeting of the SLSWCA chaired by Chief Secretary G C Pati. Utkal Alumina proposed an expansion plan where the estimated cost of the refinery would be INR 7563 crore. This expansion plan has also been referred to HLCA for final approval. Similar expansion plans have been approved in the cement and energy sector also.
This will bring a smile of relief to Hindalco industries ltd. that has been trying hard for this expansion to pump up their alumina capacities.
A decision in this regard was taken at the meeting of the SLSWCA chaired by Chief Secretary G C Pati. Utkal Alumina proposed an expansion plan where the estimated cost of the refinery would be INR 7563 crore. This expansion plan has also been referred to HLCA for final approval. Similar expansion plans have been approved in the cement and energy sector also.
This will bring a smile of relief to Hindalco industries ltd. that has been trying hard for this expansion to pump up their alumina capacities.
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