Times of IndiaLean R·
Adani, IHC join hands for $11.5 billion aluminium project
Abu Dhabi's International Holding Company is significantly expanding its partnership with the Adani Group by investing $11.5 billion in a massive integrated aluminium project in Odisha. This joint venture will establish one of India's largest aluminium hubs, featuring a refinery, smelter, and power plant. The move comes as Adani Enterprises also launched a $1 billion qualified institutional placement, bolstering its capital raise efforts.
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