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Adani, IHC Sign MOU for An $11.5 Billion India Aluminum Project

Bloomberg Markets · Jul 2, 2026, 5:53 AM · Also reported by 1 other source

Billionaire Gautam Adani’s flagship Adani Enterprises Ltd. and Abu Dhabi’s International Holding Co. plan to invest $11.5 billion in an aluminum project in the eastern state of Odisha, as the Indian conglomerate continues to plow on its metal sector ambitions.

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The Hindu Adani Enterprises, UAE’s IHC to invest ₹1.08 lakh crore in Odisha aluminium project

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Adani, IHC Sign MOU for An $11.5 Billion India Aluminum Project

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