SENSEX NIFTY
Home » News » CNBC-TV18 Comments
Jul 15, 2013, 06.11 PM IST | Source: CNBC-TV18

Green Tribunal lets Sterlite's copper plant to remain open

The National Green Tribunal (NGT) has allowed Sterlite Industries (India)’s controversial Tuticorin copper smelter to remain open and resume normal operations.

The National Green Tribunal (NGT) has allowed Sterlite Industries (India)'s controversial Tuticorin copper smelter to remain open and resume normal operations after the committee referred by the environmental body suggested that there was no pollution being created by the Vedanta group company, reports Anshu Sharma.

On June 10, the Supreme Court had ordered that copper smelter can operate only until the second week of July.

This comes as a big relief for non-ferrous metal producer as its biggest copper smelting plant had been shut for almost two months after the local pollution board in Tamil Nadu, ordered the smelter to shut at the end of March on complaints of emissions.

On June 17, the smelter had again resumed operations after National Green Tribunal's expert panel gave a green signal.

Did you read?: Tata Steel Europe reports record GBP 1.2 bn loss

The plant has a production capacity of 50000 tonnes. The Supreme Court will take a look at expert committee’s report in this week itself.  The NGT is also going to present the final order on the matter soon.

Set email alert for

ADS BY GOOGLE

video of the day

See 8000 Nifty by Dec, bullish energy, cap goods: Religare

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.