Vedanta says Indian copper smelting plant expansion on track
Vedanta Resources said on Wednesday its plans for capacity expansion at the Thootukudi copper smelting plant in Tamil Nadu were on track, a day after its application to renew operations was rejected by the state pollution regulator. Vedanta said on Tuesday its application for renewal of consent to operate its copper smelting plant, one of India`s biggest, was rejected by the state pollution control board.
People in Thootukudi have been protesting against the proposed expansion of the smelter, thronging the streets and shutting shops to press their demand for closure of the plant.
Vedanta says the protests are based on "false allegations" and the company has been providing "regular information through various media on the truth". The company plans to double capacity at the smelter to 800,000 tonnes per year.
The smelter, run by Vedanta`s Sterlite Copper unit, is controlled by Vedanta Ltd, a majority-owned subsidiary of London-listed Vedanta Resources.
The unit is currently closed as part of a 15-day scheduled maintenance, which would likely to be extended, the company said on Tuesday.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.