Adani Group’s Copper Project Plans for March 2024 Debut, Aims to Reduce Imports in India

  • Adani’s Mundra-based copper project with a capacity of 1 million tonnes per annum, expects its first phase to be operational by end of current fiscal year, assisting in India’s energy transition.
  • The project received full debt tie-up with a consortium led by SBI and the necessary approvals have been secured for smooth execution.
  • The new copper factory is expected to reduce India’s dependency on imports which have been rising for the last five years due to domestic supply disruptions.
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