Economic Times reported that

Larsen & Toubro, the country’s biggest engineering firm, will invest around Rs 400 crore in its proposed three million tonne alumina refinery joint venture with Dubai Aluminium Company (Dubal) in Orissa. It further said that "The total project cost would be Rs 15,000 crore. L&T would do the engineering, procurement and construction job for the project, which would cost around Rs 5,000 crore. The first phase of the plant at Rayagada with 1.5 million tons capacity is scheduled to be operational by 2010. In another similar report Zee News reported that Dubal will have the majority 74 per cent stake in the venture and the remaining 26 per cent will be with L&T.