Vedanta Limited: Update on Tuticorin Smelter

Business, Governance, Press Releases

Further to our announcement dated May 24th, 2018 the Company has received an order dated May 28, 2018 from the Government of Tamil Nadu directing the Tamil Nadu Pollution Control Board (TNPCB) to seal the Company’s ‘Copper Smelter Plant 1 at Thoothukkudi District, Tamil Nadu’ and to close the said plant permanently.

The Company is further studying the order and shall keep the stock exchanges updated on any developments.

Also the SIPCOT vide its letter today, has informed the Company regarding cancellation of 342.22 acres of land allotted to the company for the proposed expansion ‘Copper Smelter Plant 2 Project’ at Thoothukkudi District, Tamil Nadu. The land price for the same shall be refunded by SIPCOT as per their norms.

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