India’s Aditya Birla proposes $1.26B expansion of Odisha alumina refinery

India’s Aditya Birla Group has proposed investing an additional $1.26 billion to triple the capacity of its Kansariguda alumina refinery in Odisha to 3 million metric tons per annum, the state government said on Saturday.

The expansion, to be executed by the group entity Hindalco Industries, takes the total proposed investment in the refinery to about $2.1 billion, the statement said.

($1 = 95.3200 Indian rupees)

(By Jatindra Dash; Editing by Barbara Lewis)