Industrial activity in southern Odisha has gained momentum as Adani Group Chairman Gautam Adani and Karan Adani visited the IMFA plant at Therubali, sparking fresh optimism about the region’s industrial future.
The visit comes amid preparations for a Rs 1.08 lakh crore integrated aluminium project, one of the largest investments proposed in Odisha’s history.
According to sources, Adani Enterprises Ltd and UAE‑based International Resources Holding (IRH) have signed an agreement to establish a Greenfield Integrated Aluminium Complex in Odisha. The project will include a 4 million TPA alumina refinery, 2 million TPA aluminium smelter, 1 million TPA downstream aluminium park, a 4,000 MW captive power plant, and a 400 MW green energy unit.
In addition, the group plans to set up a large thermal power plant and a digital data centre in the state. Rayagada, rich in bauxite reserves, is being considered for a Rs 41,650 crore alumina refinery and power plant, which could transform the district into a major industrial hub.
During their visit, senior technical officials from Adani Group assessed land availability, transport connectivity, and infrastructure readiness. Experts believe the project could generate thousands of direct and indirect jobs, ushering in a new era of industrialisation and economic growth across southern Odisha.
Local residents and industry observers expressed hope that the development will proceed with environmental balance and inclusive growth, marking a milestone in Odisha’s industrial journey.