Vedanta Aluminium Commits ₹1,200 Crore for Odisha’s Development Over 25 Years

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Image Courtesy: Vedanta Aluminium

Vedanta Aluminium has announced plans to invest ₹1,200 crore over the next 25 years for the development of areas surrounding its Lanjigarh plant and the proposed Sijimali mine in Odisha’s Kalahandi and Rayagada districts. This initiative will be implemented through the existing Lanjigarh Periphery Area Development Fund and a newly proposed Sijimali Periphery Area Development Fund, with inputs from public representatives in both districts, the company stated.

The Sijimali bauxite block, spanning the two districts, is expected to generate an annual revenue of ₹2,200 crore for Odisha’s public exchequer. Additionally, the project is anticipated to create over 1,500 direct and indirect job opportunities in the region.

Sunil Gupta, Chief Operating Officer of Vedanta Aluminium, emphasized the company’s commitment to environmental stewardship, stating, “We consider the earth a key stakeholder. The region’s existing green cover will serve as a natural bio-filter, preserving the ecosystem by preventing soil erosion and supporting local flora and fauna.”

Through this long-term investment, Vedanta aims to boost regional development while fostering environmental sustainability and community welfare in Odisha.Vedanta Aluminium is a leading player in the global aluminium industry, known for its sustainable and innovative practices in producing high-quality aluminium products. As India’s largest aluminium producer, the company operates state-of-the-art facilities and contributes significantly to the country’s industrial growth and economic development.

With a strong focus on community engagement, Vedanta Aluminium invests in initiatives to uplift the regions surrounding its operations, including healthcare, education, and infrastructure development. Committed to environmental sustainability, the company adopts advanced technologies to reduce its carbon footprint and ensure efficient resource utilization, positioning itself as a responsible corporate leader in the metals and mining sector.