Anil Agarwal’s Vedanta Aluminium is in the process of raising Rs 16000 crore (160 billion rupees, just over £2.2 billion) for its aluminium project in Orissa, sources with direct knowledge said. Another source said the Orissa government has assured Vedanta of a bauxite mine in the state by April. Vedanta Aluminium has tied up funds for alumina refinery at Lanjigarh in Kalahandi district and aluminium smelter complex at Burkhamunda near Jharsuguda.
See http://articles.economictimes.indiatimes.com/2011-03-23/news/29178397_1_bauxite-reserve-vedanta-aluminium-alumina-refinery.