Adani Enterprises’ subsidiary Kutch Copper on Thursday commenced operations through the first unit of its greenfield copper refinery project at Mundra, the company said in a stock exchange filing.
Marking the Adani Portfolio’s debut in the metal industry, the company will invest nearly $1.2 billion to set up a a copper smelter with 0.5 MTPA capacity in the first phase. Overall, the plant will have a 1 MTPA and will be set up over two phases.