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Last Updated on 05
Adani Enterprises subsidiary, Kutch Copper Limited, is set to establish the world’s largest single-location copper manufacturing plant. The first phase of construction is scheduled to commence by the end of March. The plant will be located in Mundra, Gujarat. The facility, valued at USD 1.2 billion, will have a production capacity of 1 million metric tons and is projected to be operational by March 2029
Key Features of the Project:
Kutch Copper Limited, a subsidiary of the Adani Group, is setting up the greenfield copper refinery project. For phase-1 the capacity will be 0.5 million metric tons per year. The phase 2 expansion will increase the refined copper capacity up to 1 million tons per year. Phase 1 construction is in advanced stages, and the plant is expected to be operational by 2024.
The refinery will significantly decrease India's dependence on copper imports, currently met primarily by Chile, Peru, and the Congo. This will improve India's trade balance and reduce its vulnerability to global price fluctuations. The project is expected to create thousands of jobs during construction and operation, boosting the local economy in Mundra and surrounding areas.
Adani Enterprises Limited is an Indian multinational, publicly traded holding company headquartered in Ahmedabad, Gujarat, India. It is the flagship company of the Adani Group, one of the largest business conglomerates in India. The company is primarily involved in infrastructure and commodities sectors, including coal mining and trading, renewable energy, airports, ports, and logistics.
Find upcoming and ongoing renewable energy projects of the Adani group
In recent years, Adani Enterprises has expanded its operations into new sectors, such as renewable energy and data centers. The company has also made a number of acquisitions, including the purchase of a controlling stake in Krishnapatnam Port in Andhra Pradesh, India, in 2020.
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