Govt issues allocation order to Hindalco Industries for coal mine in Odisha

The Government of India has issued an allocation order to Hindalco Industries for a coal mine in Odisha. This allocation is part of the government’s effort to boost domestic coal production and reduce dependency on imports. Hindalco, a major player in the metals and mining sector, plans to utilize the coal from this mine to support its aluminum production activities. The move is expected to improve the company’s cost competitiveness and enhance its supply chain efficiency. Additionally, it supports the government’s objective of enhancing the production capacity of domestic coal mines.