Hearing on Sterlite copper smelter deferred until Friday
A fast-track environmental court has adjourned until Friday a hearing into the closure of the country's largest copper smelter, run by Sterlite Industries , a lawyer said on Tuesday.
April 09, 2013 / 14:57 IST
A fast-track environmental court has adjourned until Friday a hearing into the closure of the country's largest copper smelter, run by Sterlite Industries , a lawyer said on Tuesday.
State authorities ordered the closure of the plant, which produces more than 300,000 tonne of the metal a year on March 29 after nearby residents complained about emissions.Also Read: Sesa Goa hopeful of resuming mining as SC concludes hearingSterlite, a unit of London-listed resources conglomerate Vedanta Resources Plc, has said the plant's emissions fell within agreed limits.It declared force majeure on copper sales and condensate purchases on April 3. Force majeure is a contract clause that allows a company to miss shipments in circumstances beyond its control. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
