Project News Detail
| Project No : | 204306 |
|---|---|
| Project Title : | Hindalco to invest Rs 45,000-cr for expansion across businesses over three years in India. |
| Company Name : | Hindalco Industries Limited |
| Project Detail : | Hindalco Industries will invest Rs 45,000 crore over three years across aluminium, copper, and specialty alumina businesses, focusing on upstream operations and high-precision engineered products, Aditya Birla Group Chairman Kumar Mangalam Birla said. Speaking at the unveiling of Hindalco’s new brand identity, he highlighted the company’s global footprint, with 52 plants in 10 countries. For aluminium smelting, Hindalco is developing a 100 MW renewable energy solution combining wind, solar, and pumped hydro storage. The company currently generates 200 MW of renewable energy and is scaling up to 350 MW. Its subsidiary Novelis, with a 4.2 million tonne capacity, is the world’s largest producer of flat-rolled aluminium products and recycles about 82 billion beverage cans annually. Hindalco’s copper business is the second-largest producer of copper rods outside China and is set to exceed one million tonne of refined copper production. Its alumina output has grown from 3,000 tonne to 3.7 million tonne. Hindalco is also expanding into renewable energy and e-waste recycling. “Birla Copper is setting up the country’s first e-waste recycling plant to extract and recycle metals from discarded devices,” Kumar Mangalam Birla said. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |