Adani Enterprises’ subsidiary Kutch Copper has commenced the first phase of its $1.2bn copper manufacturing plant in Mundra, Gujarat, India.
This move marks billionaire Gautam Adani-led Adani group’s entry into the metal sector and is anticipated to lessen India’s reliance on imported copper and support the country’s energy transition.
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The initial phase of the facility is designed to produce 0.5 million tonnes per year of refined copper. Plans are in place to reach a full-scale capacity of 1Mt by FY29 (March 2029).
Upon completion of the second phase, Kutch Copper, with 1 million tonnes per annum, will be the world’s largest single-location custom smelter, benchmarking ESG performance standards while leveraging state-of-the-art technology and digitalisation.
Besides, the project is expected to create 2,000 direct and 5,000 indirect employment opportunities.
The technology employed at the Kutch Copper facility is tailored to ensure a minimal carbon footprint.
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By GlobalDataA significant portion of the plant’s area, one-third, is dedicated to a green belt space. Additionally, 15% of the capital expenditure is allocated for environmental protection measures.
In an effort to mitigate environmental impact, the plant has adopted a zero-liquid discharge model and utilises desalinated water for its operations.
Furthermore, it recycles treated wastewater within its processes, aiming to minimise waste production.
Adani Group chairman Gautam Adani said: “With Kutch Copper commencing operations, the Adani portfolio of companies is not only entering the metals sector but also driving India’s leap towards a sustainable and aatmanirbhar (self-reliant) future.
“Our speed of execution in this ambitious, super-sized project underscores our commitment to take India to the forefront of the global copper sector.”
“The domestic copper industry will play a crucial role in achieving the nation’s goal of carbon neutrality by 2070. “When (fully) commissioned, our modern smelter will set new benchmarks in copper production, with an enhanced thrust on innovative green technology.”
