Adani and IHC to Invest $11.5B in India's Largest Aluminium Project in Odisha

Published: Jul 2, 2026 18:38

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[SMM Aluminum Express News] Adani Group and Abu Dhabi’s International Holding Company (IHC) have signed an MoU to jointly invest US$11.5 billion in an integrated aluminium project in Odisha, marking the largest foreign investment in India’s metals sector. The 50:50 joint venture will comprise a 4 mtpa alumina refinery, 2 mtpa aluminium smelter, captive power plant, and 1 mtpa downstream aluminium manufacturing park

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