Friday, April 19, 2024

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Sterlite Copper

Closing Sterlite Copper caused losses of over ₹14,000 crores to economy till 2021, over 400 downstream businesses affected: Industry bodies urge SC to reconsider...

India has become net importer from net exporter of copper after the closure of the Sterlite plant, causing loses to the economy and downstream industries

SC agrees to hear Vedanta Group’s plea over the closure of the Sterlite Copper Unit in Tamil Nadu

The Supreme Court on Tuesday agreed to hear a petition from the Vedanta Group over the shutdown of Sterlite Copper unit in Tamil Nadu.

Sterlite Copper up for sale: Vedanta Group seeks EoI for its Thoothukudi Copper Plant that has been closed by the TN govt since 2018

Vedanta Group sought EoI for sale of its Sterlite Copper plant that has been closed since 2018.

Thoothukudi people say they were cheated in the name of protests, want reopening of Sterlite Copper plant they got shut in 2018

In May 2018, Sterlite Copper plant in Thoothukudi owned by Vedanta was ultimately shut down by Tamil Nadu government following protests by the local people on the grounds of alleged environmental hazards caused by the plant.

‘It is a national need’, SC rejects TN govt’s plea that Vedanta should supply oxygen only to the state: What SC said

The SC's decision came after Tamil Nadu govt allowed Sterlite copper plant owned by Vedanta to restart its operations temporarily

TN govt allows Sterlite Copper to open Thoothukudi plant for four months to produce only medical oxygen

The decision was taken following an all-party meet chaired by Chief Minister Edappadi K Palaniswami at the secretariat in Chennai on Monday.

‘Sterlite Copper can produce over 1000 MT oxygen per day, allow us to open’: Vedanta writes to TN govt, Health Minister

“We would be grateful to be allowed this opportunity to support the nation’s needs. Our staff stands prepared to get these two plants operational in the shortest possible time and begin dispatching oxygen to the critical areas as per your direction,” the letter continued.

Atmanirbhar Bharat Abhiyan: How Sterlite Copper plant closure was India’s loss and Pakistan’s gain making us dependent on import for copper

The closure of Sterlite Copper plant in Thoothukudi serves as an indicator of India's eager tendency to shun its self-reliance and inflict self-harm upon herself

Vedanta claims that Chinese companies funded anti-Sterlite protests in order to capture Indian copper market

Sterlite had supplied 38% of India's copper demand. After its closure, the demand was met by foreign companies.

Anti-Sterlite protests were orchestrated by vested interests: Vedanta tells Madras HC

The company has said that the various reports by the National Green Tribunal (NGT) in support of the Sterlite Copper Smelter unit cannot be ignored.

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