The Financial Express (Delhi Edition)

Adani to set up 1 million tonne copper smelter plant in Gujarat

- PTI

Hyderabad, June 8: Adani Enterprise­s is in the process of setting up a copper smelter project with a capacity of one million tonne per annum at an investment of R10,000 crore at Adani Port Special Economic Zone (APSEZ) in Gujarat.

The project includes copper smelter, sulphuric acid plant, copper refinery, continuous cast copper wire rod plant, precious metal recovery plant, phosphoric acid plant, aluminium fluoride plant among others, according to Experts Appraisal Committee (EAC) under the Ministry of Environmen­t and Forests (Moef).

“The estimated project cost is R10,000 crore and the estimated environmen­t protection cost is R900 crore. Employment generation from proposed project will be direct employment of about 2,000 and indirect employment of about 5,000,” the EAC said in the minutes of the meeting held last month said.

An email sent to the company's spokespers­on remained unanswered.

The electricit­y load required is 300 MW. Out of this, 40 MW would be generated from internal process steam by waste heat recovery and the remaining 260 MW power would be sourced from Mun dr a Utility. Raw materials Copper concentrat­e and Rock phosphate required for the project would be sourced by importing as well as from domestic market, the EAC said.

A dani was asked to conduct a public hearing before proceeding further.

“The Public Hearing for the project should be conducted by Gujarat Pollution Control Board. The issues raised during public hearing and commitment of the project proponent (Adani) on the same along with time-bound action plan to implement the commitment and financial allocation thereto should be clearly provided,” it said.

Meanwhile, in another developmen­t related to the group, the EAC sought more details from Adani Power (Jharkhand) Limited, a subsidiary of Adani Power Limited (APL), which is in the process of setting up a thermal power plant with capacity of 1,600 (2x800) MW, called Paraspani Thermal Power Project, in Jharkhand, for preparing the Terms of Reference (Tor) for the project.

The power plant is being developed as a result of the Mou signed between government­s of India and Bangladesh in 2010 with a view to enhance traditiona­l ties of friendship, through economic cooperatio­n.

Accordingl­y, APL in August last year signed an Mou with Bangladesh Power Developmen­t Board (BPDB), to develop a 2x800 MW thermal power plant on BOO (Build, Own and Operate) basis in India and supply the entire power generated to BPDB through a dedicated transmissi­on line.

According to Moef website, the EAC is expected to take up the issue of the power project for Tor in the meeting scheduled on June 16 and 17.

The estimated project cost is R10,000 crore and the estimated environmen­t protection cost is R900 crore

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