Vedanta Initiates Mining Venture in Odisha, Sparking Hope for Economic Growth

Vedanta Aluminium’s Sijimali Bauxite Block in Odisha’s Kalahandi and Rayagada districts is launching a development project. The project is expected to generate estimated Rs 2,200 crore annually for the state government, which will support infrastructure development and social welfare programs. The company plans to invest Rs 1,200 crore over 25 years in local development through two dedicated funds, managed by a board with public representatives from both districts. The project is expected to create over 1,500 jobs, both directly and indirectly, and will provide vocational training and entrepreneurship programs for local communities. The company has committed to engaging with local tribal communities and addressing issues related to health, education, and livelihoods. Environmental measures will also be taken to preserve biodiversity. Overall, the project aims to promote sustainable development in the region.