Bhubaneshwar: Vedanta Aluminium has announced a significant investment of Rs 1,200 crore over the next 25 years to enhance the socio-economic infrastructure surrounding its Lanjigarh plant and the Sijimali mine in Odisha’s Kalahandi and Rayagada districts. This move aligns with Vedanta’s focus on sustainable community development and economic upliftment in the region.
The funds will be directed through two development initiatives: the Lanjigarh Periphery Area Development Fund and the upcoming Sijimali Periphery Area Development Fund. These initiatives will involve local public representatives, ensuring inclusive growth and the region’s comprehensive development. The investment will cover key sectors such as healthcare, education, infrastructure, and employment opportunities.
Additionally, the Sijimali bauxite block, spanning across both districts, is projected to generate an impressive Rs 2,200 crore annually in revenue for the Odisha state government, contributing significantly to the state’s financial growth. This development further strengthens Vedanta’s commitment to the local community and Odisha’s overall progress.
Source: Web Team, C6N
