Overview
- Vedanta Group chairman Anil Agarwal on October 23 presented the proposal to Chief Minister Mohan Charan Majhi, securing assurances of land and infrastructure support.
- The plan includes a ₹2,000 crore ferro‑alloys plant in Keonjhar and two aluminium parks, one near Jharsuguda and another at a site to be identified by the state government.
- Officials say the investment targets production of high‑grade aluminium alloys for aerospace, electric vehicles and defence, aiming to attract downstream industry and bolster MSMEs.
- The Odisha government and Vedanta project more than one lakh direct and indirect jobs from the new facilities.
- Project timelines face risk from unresolved access to bauxite at the Sijimali block, where forest‑diversion clearance was deferred in July after local objections raised by the Forest Advisory Committee.