Hindalco Industries seeks more time to set up aluminum products SEZ in Odisha

23 Aug 2013 Evaluate

Hindalco Industries, Aditya Birla Group firm is looking for more time from the government in order to set up aluminum and aluminum products special economic zone (SEZ) in Odisha as it is facing problems in land acquisition. In a meeting on August 30, 19-member Board of Approval (BoA) chaired by Commerce Secretary S R Rao will considered the company’s request.

The company is facing problem in land acquisition and rehabilitation of the affected people. Several other SEZs have faced similar problems due to which many have surrendered their projects or are seeking more time to execute the projects.

Hindalco Share Price

634.00 10.25 (1.64%)
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