Middle East Economic Survey

VOL. XLVIII

No 15

11-April-2005

UAE

Dubal/Larsen & Toubro Plan India Bauxite/Alumina Project

Dubai Aluminium Company (Dubal) and Mumbai-based Larsen & Toubro announced on 4 May that they had entered into an understanding to set up an integrated bauxite mining/alumina refinery project at Orissa in India. The Dh3.67bn ($1bn) venture would involve the setting up of a 1.4mn tons/year bauxite mine, alumina refinery and associated infrastructure, including a power...