Independent committee to decide fate of Vedanta copper smelter in India [Reuters]
Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL)
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Source: Reuters
Independent committee to decide fate of Vedanta copper smelter in India | Reuters Reuters Staff 2 Min Read NEW DELHI (Reuters) - 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 administra
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