Panel to decide whether Vedanta Ltd can reopen Tamil Nadu copper smelter
The National Green Tribunal (NGT) had earlier this month granted Vedanta, the Indian unit of London-listed Vedanta Resources Ltd, conditional access to the smelter for "administrative purposes".
India`s environment court said on Monday an independent judicial committee would decide in about six weeks whether to allow Vedanta Ltd to reopen its copper smelter, which was shut by the southern state of Tamil Nadu on environmental grounds.
Tamil Nadu ordered the permanent closure of the plant and disconnected its power supply in May following protests that turned violent and culminated in the police opening fire on protesters, killing 13 of them.
The company has denied that the plant, India`s second biggest copper smelter located in the port city of Thoothukudi, pollutes the area.
The National Green Tribunal (NGT) had earlier this month granted Vedanta, the Indian unit of London-listed Vedanta Resources Ltd, conditional access to the smelter for "administrative purposes".
"We are pleased that that the NGT has again reiterated that access to the administrative units of its plant should be given to our employees," the company, Sterlite Copper, said in a statement late on Monday.
"We also welcome today`s NGT`s decision that findings and recommendations of the committee will be final which will supersede all the orders passed by the Tamil Nadu government so far," Sterlite Copper, which is part of Vedanta, said.
NGT Chairman Justice Adarsh Kumar Goel said the committee, including representatives from Vedanta, Tamil Nadu Pollution Control Board and the federal environment ministry, will look into the matter afresh.
Watch Zee Business video here:
The committee, to be headed by a retired judge, will have to deliver its verdict within four weeks of formation.
The smelter has an annual production capacity of more than 400,000 tonnes, and the company said last month the closure has impacted 350 companies that buy its products.
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.
RECOMMENDED STORIES
Power of Compounding: How soon will monthly SIP of Rs 6,000, Rs 8,000, and Rs 10,000 reach Rs 5 crore corpus target?
SBI Guaranteed Return Scheme: Know how much maturity amount you will get on Rs 2 lakh, 2.5 lakh, 3 lakh, 3.5 lakh and Rs 4 lakh investments under Amrit Vrishti FD scheme
SBI Senior Citizen FD Rate: Here's what State Bank of India giving on 1-year, 3-year, 5-year fixed deposits currently
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
10:57 AM IST