Hindalco Industries has received approval from board of directors for downstream Flat Rolled Project (FRP) at existing facilities at Hirakud and Aditya. The total investment for the project is approximately Rs 3000 crore for a production capacity of 170 KTPA of FRP products. Project implementation period is of 36 months. The commercial production from project is expected to commence by FY25.
Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.
