Hindalco set to manufacture aluminium foil for Li-ion Cell in Odisha

Prameyanews English

Published By : Prameya News Bureau | January 20, 2024 IST

Hindalco set to manufacture aluminium foil for Li-ion Cell in Odisha

Bhubaneswar, Jan 20: Aluminium major Hindalco is going to a manufacture aluminum foil for Lithium-ion battery.

A special unit of the product will be set up in Odisha's Sambalpur district  soon, said Hindalco sources. 

Hindalco President and Sambalpur Cluster Head , Kailash Pandey infomred that the unit to be set up with an investment of Rs 803 crore would help the aluminum conglomerate lead in the electric vehicle (EV) market with its new facility.

Pandey also informed that the company plans to set up a white fused alumina project on the premises of Aditya Aluminium, Lapanga. This project would reduce dependence on imports for Indian refractory industry and open up significant export opportunities in Southeast Asia, the Far East and the Middle East.

Hindalco plans to set up a manufacturing unit for specialised aluminum foil for lithium-ion batteries at Lapanga in Odisha’s Sambalpur district.

This was revealed by president and Sambalpur Cluster Head of Hindalco, Kailash Pandey on Friday while addressing the 24th edition of Enterprise Odisha at Jharsuguda.

He said the unit to be set up with an investment of Rs 803 crore would help the aluminum conglomerate lead in the electric vehicle (EV) market with its new facility.

Pandey also informed that the company plans to set up a white fused alumina project on the premises of Aditya Aluminium, Lapanga. This project would reduce dependence on imports for Indian refractory industry and open up significant export opportunities in Southeast Asia, the Far East and the Middle East.

The projects have already obtained necessary single window clearance from Odisha government in this connectiion.

The Aditya Birla Group’s metal flagship, Hindalco has already invested over Rs 25,000 crore in Odisha during the last 15 years.The company is now venturing into green energy with a new battery foil project at Aditya and a 1,000 MW floating solar project on the Hirakud reservoir.

It is also set to  launch a  floating solar project of 1,000 MW on the Hirakud reservoir. 

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