- 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.