Sesa Sterlite will invest upto Rs 8,000 crore to expand its Lanjigarh aluminium refinery in Odisha. The total cost of the expansion project is estimated to be between Rs 8,000-10,000 crore.
Sesa Sterlite recently obtained the villagers' approval to expand the capacity of Vedanta Aluminium's refinery in Lanjigarh, from one million tonne to six million tonne.
Formal approval will be sought from the Ministry of Environment and Forests (MoEF) in the next 15 days. Once the approval is received, work on expanding the refinery will commence.
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