The Hindalco Industries has planned to expand its manufacturing capacity of fine quality aluminium foil that is used in rechargeable batteries to serve the rapidly-growing market for electric vehicles (EVs) and energy storage systems. The company is investing Rs 800 crore to build a new plant near Sambalpur that will initially produce 25,000 tonnes of the resilient product.
The factory will be located alongside a 25-MW solar power plant and can access additional solar energy from a 400-KV National Grid connection. Scheduled for commissioning in July 2025, the unit will supplement Hindalco’s existing facility at Mouda in Maharashtra.
This was informed by Hindalco Industries Managing Director Satish Pai.
The new unit in Odisha would further augment capability to supply material to Giga factories across the world, he said.
This project would provide a thrust to the government’s green initiative to reduce carbon emissions.
