The copper smelter project at an investment of Rs 10,000 includes a continuous cast copper wire rod plant among others
June 8, 2016
As reported by a news website, Adani Enterprises is in the process of setting up a copper smelter project with a capacity of one million tonnes per annum at an investment of Rs 10,000 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 Rs 10,000 crore and the estimated environment protection cost is Rs 900 crore. Employment generation from the proposed project will be direct employment of about 2,000 and indirect employment of about 5,000,” the EAC was quoted as saying in the minutes of the meeting held last month said.
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.
