RSB Metaltech signs MOU with Orissa

The state government today inked an MoU with RSB Metaltech for setting up of an integrated light metal aluminum complex. The papers were signed by state industries and mines secretary Dr Ashok Dalwai and RSB Metaltech MD Mr SK Behera …


In the first phase, the proposed company, with an investment of around Rs 6,800 crore, will produce about 7 lakh tonnes per of alumina. In the second phase, nearly 1.75 lakh tonnes of aluminium is expected to be produced from the plant. The produced aluminium will be used for production of finer parts in motor vehicles, aerospace, railway and construction industry.

While the mining and refinery units of the project will come up a Rayagada, the smelter unit and power plant are proposed to be set up at Kamakshyanagar in Dhenkanal.

Chief minister Mr Naveen Patnaik said that the project will generate about 11,000 direct and the equal number of indirect jobs. "This project, along with its alumina refinery at Rayagada and Gopalpur port will form an industrial corridor in southern Orissa," Mr Patnaik said adding that the corridor will help fast development, alleviation of poverty and improvement of life of the local people in that region. He suggested that provisions should be made to provide technical education to local youths. "The rehabilitation, resettlement and environment aspect should be taken proper care of," he pointed out.

The Union minister has been requited to expedite and complete the "Therubali-Gunupur railway project to enhance the connectivity in that region," he informed.