Russia keen to set up aluminium plant in Orissa

Russia keen to set up aluminium plant in Orissa
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First Published: Wed, Jan 30 2008. 03 02 PM IST
Updated: Wed, Jan 30 2008. 03 02 PM IST
PTI
Bhubaneswar: Close on the heels of theworld’s largest steel maker Arcelor-Mittal and South Korean steel major POSCO turning to Orissa, the Russian government today expressed desire to set up industries in the coastal part of the state.
Russia had another plan for setting up a nuclear power station in Tamil Nadu, the country’s envoy to India, Vyachesiav I Trubnikov told reporters on the sidelines of signing of joint venture agreement between his government and Saraf Agencies for a titanium project in the state.
The envoy earlier apprised Orissa Chief Minister Naveen Patnaik of his country’s interest in mining and allied sectors.
“We have already held discussions with the state government about Russia’s interest in bauxite mining and a proposal to set up an aluminium plant here,” Trubnikov said.
To a query, the Russian envoy said his country was interested in the steel sector and also power generation in the state.
“While we have spoken to the Chief Minister regarding the proposed aluminium plant, talks will be held on other projects,” he said describing the Titanium project as a pilot one for future investment from the Russian side.
He said both the countries had experienced ups and downs on the economic front which perhaps worked in a way to bolster economic relations in the backdrop of a liberalised economy.
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First Published: Wed, Jan 30 2008. 03 02 PM IST
More Topics: Russia | aluminium | Posco | Orissa | mining |