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<keyword id="28423" type="General" weightage="80" keywordseo="vedanta" source="Orion">Vedanta</keyword> Ltd has decided to put its 4,00,000 ton per annum (tpa) <keyword id="437023" type="General" weightage="100" keywordseo="copper-smelter" source="Orion">copper smelter</keyword> plant and refining complex at <keyword id="6354388" type="General" weightage="80" keywordseo="tuticorin" source="Orion">Tuticorin</keyword> for sale. The copper smelter plant complex is known as <keyword id="1622540" type="General" weightage="50" keywordseo="sterlite-copper" source="Orion">Sterlite Copper</keyword>. The company along with Axis Capital has called for Expression of Interest (EoI) for its smelter complex (primary and secondary), sulphuric acid plant, copper refinery, continuous copper rod plant, phosphoric acid plant, effluent treatment plant, 160 MW captive power plant, reverse osmosis units, oxygen generation unit and residential complex with amenities. However, an environmental activist, who is against the Copper Smelter plant, wondered whether the company can sell the plant when a case is pending in the <keyword id="6354977" type="General" weightage="50" keywordseo="supreme-court" source="Orion">Supreme Court</keyword>. The decision came as a surprise to many as the company was saying that it would reopen the plant. According to Vedanta, the plant produces about 40 per cent of the country's demand for copper and contributes about Rs 2,500 crore per annum to the exchequer and 12 per cent of Tuticorin Port's revenue. Curiously last March, Vedanta came out with an EoI about its decision to set up a 500,000 tpa copper smelter plant in a coastal region in India. The company has sought expression of interest from coastal states wishing to partner in the project that would have an investment potential of about Rs 10,000 crore through a newspaper advertisement. According to Vedanta, the proposed project would need about 1,000 acre in proximity to port along with logistics connectivity with conveyor/corridor of rail and road to handle five million tpa material movement on both in-bound and out-bound sides. The company said the project has a potential to provide direct and indirect employment to 10,000 people and will contribute about Rs 3,000 crore to the government treasury as taxes and others. Senior officials were not available to reply IANS query whether the company is exiting Tuticorin. Later in a statement, the company said India's copper requirements are set to grow exponentially in the coming years. Having ample supplies of copper is critical to ensuring successful implementation of new-gen technologies such as electric vehicles, rapid automated transport and clean energy, the company said. "We are, therefore, actively on the lookout for a suitable partner state to help take forward the vision of an Atmanirbhar Bharat and ensure that our nation enjoys unfettered access to copper, through a state-of-the-art copper manufacturing plant, the operational and environmental parameters of which are comparable to the best in the world," Vedanta said. According to Vedanta, the closure of Tuticorin copper smelter plant has had a ripple effect in terms of imports and livelihoods. "Post closure, India has become a net importer of copper for the first time in 18 years, with copper imports growing 3X while exports have plunged by 90 per cent. We are continuing to explore all legal avenues towards achieving a sustainable solution to the closure," the company had said. The <keyword id="20154" type="General" weightage="50" keywordseo="tamil-nadu" source="Orion">Tamil Nadu</keyword> government had ordered the copper smelter plant to be shut down in 2018 following a violent protest that led to the death of 13 persons in police firing. The 4,00,000 ton Sterlite Copper smelter plant that has been operating in Tuticorin for over 25 years with a cumulative investment of about Rs 3,000 crore. However, from the start, Sterlite Copper smelter plant has been facing protests by the local people alleging that it pollutes the environment. Originally, the plant was planned in Goa, but it faced severe opposition from the state's people. However, the AIADMK regime under J. Jayalalithaa gave a warm welcome to the project and allotted land at Tuticorin. Ever since then the plant was in the eye of a storm with MDMK leader Vaiko leading a protest against the project and later filing a case. The major political parties in Tamil Nadu -- AIADMK and DMK -- are against Vedanta's copper smelter plant in Tuticorin. The Supreme Court is hearing the case on an appeal filed by the company against the Madras High Court's refusal to reopen the Sterlite Copper smelter plant in Tuticorin. Reacting to the latest advertisement Fatima Babu, one of the persons who had filed a case against Sterlite Copper told IANS: "It has to be seen whether the company can sell the plant when a case is pending in the Supreme Court. There seems to be a hidden agenda in the advertisement as it makes several claims like state-of-the-art plant and others." "Our stand is clear. The copper smelter plant should not be in Tuticorin whether under the name Sterlite Copper owned by Vedanta or by any other owner," she said. She added that if Vedanta wants to set up a new copper smelter then it can do so by complying with the law anywhere else. ALSO SEE: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/i-read-an-ex-apollo-partners-tell-all-book-about-the-inner-workings-of-private-equity-and-was-perplexed-and-ultimately-disappointed/articleshow/92321043.cms">I read an ex-Apollo partner's tell-all book about the inner workings of private equity and was perplexed — and ultimately disappointed</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/news/wall-street-coinbase-flew-too-close-to-the-sun/articleshow/92283604.cms">Wall Street: Coinbase flew too close to the sun</a>

Vedanta puts its copper smelter plant in Tuticorin on sale

<ul><li>The SC has ordered that the plant owned by Vedanta Private Limited will remain shut. </li><li>In December 2018, National Green Tribunal had said it could be reopened. </li><li>The court has also directed the CBI to conduct an investigation regarding the police firing which killed 13 protestors.</li></ul>The Supreme Court has ordered that the controversial <keyword id="6362295" type="UNKNOWN" weightage="20" keywordseo="sterlite-copper-plant">Sterlite Copper plant</keyword> owned by Vedanta Private Limited in Tamil Nadu will remain <a href="https://timesofindia.indiatimes.com/business/india-business/supreme-court-refuses-to-allow-reopening-of-sterlite-plant/articleshow/68043399.cms">shut</a>, overturning an earlier order with the country’s main environmental court. In December, India’s National Green Tribunal had allowed the reopening the plant, directing the Tamil Nadu Pollution Control Board to make it operational within <a href="https://scroll.in/latest/913653/top-news-icj-set-to-begin-hearings-in-kulbhushan-jadhav-case">three weeks</a>. In its judgment, Supreme Court said it Vedanta can now appeal the decision in the Madras High Court, saying that NGT does not have the jurisdiction to pass the order for its reopening. The Sterlite Copper plant came under the scanner last year, after violent protests broke out in Tamil Nadu’s Tuticorin against the plant’s reported adverse impact on pollution. The TNPCB had then ordered for the plant to be shut permanently, citing a provision of the <a href="https://indianexpress.com/article/india/sterlite-plant-tuticorin-vedanta-supreme-court-tamil-nadu-5588840/">Water Act, 1974</a>. In May 2018, in a police firing, 13 people were killed and now, the Supreme Court has ordered the CBI to conduct a fair and impartial investigation regarding the firing, according to ANI. In December last year, the parent group Vedanta had appealed to the Supreme Court that the Tamil Nadu government was giving a <a href="https://www.thenewsminute.com/article/tamil-nadu-has-given-us-bad-name-over-sterlite-vedanta-tells-supreme-court-96027">bad name</a> to the company over the <keyword id="7127357" type="UNKNOWN" weightage="20" keywordseo="sterlite-controversy">Sterlite controversy</keyword>, asking for electricity to the plant to be restored. See Also: <a href="https://www.businessinsider.in/india-deports-american-journalist-who-was-making-an-environmental-documentary-on-a-controversial-copper-smelter-plant/articleshow/67362130.cms">India deports American journalist who was making an environmental documentary on a controversial copper smelter plant</a> <a href="https://www.businessinsider.in/after-buying-out-the-bankrupt-electrosteel-vedanta-is-spending-billions-on-a-new-steel-plant-in-the-indian-state-of-jharkhand/articleshow/67255994.cms">After buying out the bankrupt Electrosteel, Vedanta is spending billions on a new steel plant in the Indian state of Jharkhand</a>

India’s Supreme Court orders controversial copper smelter plant Sterlite to remain shut

<ul><li>The Indian government has deported an American journalist, <keyword id="7176568" type="UNKNOWN" weightage="20" keywordseo="mark-scialla">Mark Scialla</keyword>, who was reportedly working on a documentary about a controversial Sterlite copper smelter plant in Tamil Nadu's Tuticorin, citing violation of <keyword id="6359421" type="UNKNOWN" weightage="20" keywordseo="visa">visa</keyword> norms under The Foreigners Act.</li><li>According to media reports, Scialla had flown back to the US on Wednesday following a ‘Leave India Notice’ issued by the local police. </li><li>The Indian authorities in the process of blacklisting the journalist for violating visa conditions. </li></ul>The Indian government on Wednesday deported an American journalist, Mark Scialla, who had been reportedly <a href="https://www.ndtv.com/tamil-nadu-news/us-journalist-working-on-sterlite-documentary-asked-to-leave-india-1971737">working on a documentary</a> studying the health effects of the controversial Sterlite copper smelter plant in Tamil Nadu's Tuticorin. The government cited violation of visa norms. Specifically, it cited rules under its ‘Foreigners Act,’ which allows the Indian government certain powers in matters concerning foreigners in India. The freelance journalist, had allegedly flown to India in the last week of December on a tourist visa, which stated that the American national should not engage in work. According to media reports, Scialla had flown back to the US on Wednesday following a ‘Leave India Notice’ issued by local authorities, and was allowed 48 hours to leave. He was also reportedly interrogated about whom he had filmed and interviewed. Additionally, according to media reports, the police also investigated other activists. Taking matters further, the government is in the process of to<a href="https://www.thequint.com/news/india/us-journalist-working-on-sterlite-sent-back"> blacklist the journalist</a> for violating visa conditions. A representative from an US consulate, on being asked about the matter, <a href="https://www.dnaindia.com/india/report-us-scribe-working-on-sterlite-issue-flies-back-home-to-be-blacklisted-official-2703666">reportedly said</a> that they are aware of media reports but denied sharing any information on US citizens claiming ‘privacy laws.’ What is the sterlite issue? The issue concerns Vedanta Ltd's Sterlite copper plant at Tuticorin, Tamil Nadu, that faced violent protests due to the <a href="https://www.ndtv.com/tamil-nadu-news/us-journalist-working-on-sterlite-documentary-asked-to-leave-india-1971737">rising concerns</a> of adverse environmental and health impacts of sterlite plant, the Tamil Nadu government had ordered the state control board to permanently shut the plant. But recently, the National Green Tribunal (NGT) green light to reopen the plant conditioning the government to spend ₹1 billion on community development. However, the local state government has now filed in Supreme Court a case challenging NGT’s permit. See also: <a href="https://www.businessinsider.in/eliminating-country-quotas-will-make-path-to-the-permanent-residency-easier-for-indians-us-congressional-report/articleshow/67361429.cms">Eliminating country quotas will make path to the permanent residency easier for Indians: US congressional report</a> <a href="https://www.businessinsider.in/russia-arrested-a-us-citizen-on-spying-charges-but-the-government-shutdown-makes-it-hard-to-get-answers-on-how-the-trump-administration-will-respond/articleshow/67330695.cms">Russia arrested a US citizen on spying charges, but the government shutdown makes it hard to get answers on how the Trump administration will respond</a> <a href="https://www.businessinsider.in/myanmar-introduces-visa-on-arrival-for-indian-travellers/articleshow/67056366.cms">Myanmar introduces ‘visa-on-arrival’ for Indian travellers</a>

India deports American journalist who was making an environmental documentary on a controversial copper smelter plant

New Delhi, Mar 29 () Metals and mining magnate Anil Agarwal has for the first time taken a board position on his flagship Indian firm, Vedanta Ltd, replacing his brother Navin.Agarwal, 66, who turned a tiny scrap metal business into a mining conglomerate, had so far headed the board of London-headquartered Vedanta Resources.The Indian flagship Vedanta Ltd houses its oil and gas, aluminium, power, iron ore, steel and copper business.In a statement, the company said Agarwal has been appointed "as the non-executive chairman of Vedanta Ltd".He replaces his brother Navin, who will now be the Executive Vice Chairman of the Board.The changes followed chief executive officer S Venkatakrishnan resignation. He was replaced by Sunil Duggal, current head of Vedanta unit Hindustan Zinc Ltd."The company will be run by a management committee comprising of CEO, CFO, CHRO and CCO who will take all key decisions collectively under the guidance of Chairman," the statement said.Besides the Agarwal brothers, Vedanta Ltd also has Anil's daughter Priya as a board director. His trusted lieutenant Tarun Jain is also on the board.Former Hindustan Unilever executive Arun Kumar GR is Chief Financial Officer.Anil Agarwal's other listed firm Hindustan Zinc Ltd is headed by his wife Kiran. He is the non-executive chairman of Sterlite Technologies Ltd, the only other Indian listed company in the group.All other group firms, Cairn Oil and Gas, Sterlite Cooper, Balco, Sesa Goa Iron Ore, Vedanta Aluminium and Electrosteel Steels Ltd are headed by chief executive officers.Ethnically a marwari from Patna, Agarwal came down to Mumbai as a scrap dealer in 1976 and went on to build an empire in copper, zinc, aluminum and iron ore. A school dropout, he founded Vedanta Resources and has been its Executive Chairman since March, 2005.In October 2018, Agarwal took Vedanta Resources private after paying more than USD 1 billion for the one third of the metals firm that he didn't already own.In 2017, he bought a 19 per cent stake in London-listed miner Anglo American through his family trust and sold it in 2019.Vedanta has previously stated that it would invest Rs 60,000 crore expansion of its zinc, silver and oil and gas business. ANZ BALBAL

Anil Agarwal for the 1st time takes board position on Vedanta Ltd

<ul><li>Tamil Nadu is going to poll for the first time in the second phase of the 2019 Parliamentary elections in India.</li></ul><ul><li>The Neduvasal hydrocarbon project and Chennai-Salem expressway project driven by the central government have faced severe public outrage. </li></ul><ul><li>The Narendra Modi government’s stance on imposing a central exam for medical college admissions has further tilted the scales in favour of its rivals.</li></ul><ul><li>While the country’s largest copper smelter operated by Sterlite has been shut by court order, the police firing that killed 14 protestors in 2018 is still fresh in the voters’ minds. </li></ul><ul><li>The blame for the shootout in Tuticorin fell on the ruling state government under AIADMK, which is now fighting the Parliamentary elections in alliance with the BJP. </li></ul>The voters of one of India’s <a href="https://economictimes.indiatimes.com/news/economy/indicators/himachal-pradesh-tamil-nadu-and-kerala-top-ranking-in-sdg-index-niti-aayog/articleshow/67192585.cms">relatively developed states</a>, Tamil Nadu, are an angry lot. A series of missteps by the Narendra Modi government meant that their indignation has been directed towards the incumbent alliance between the All India Anna Dravida Munnetra Kazhagam (AIADMK) and the Bharatiya Janata Party (BJP). On the other side is the coalition between the Dravida Munnetra Kazhagam (DMK) and the Indian National Congress, the Left Front, and a set of other local parties that significance within certain segments-- either geographically or among specific sections of the electorate. While there are other regional outfits and smaller coalitions in the fray, including the iconic movie star Kamal Hasan who is making his electoral debut, almost <a href="https://timesofindia.indiatimes.com/elections/lok-sabha-elections-2019/tamil-nadu/news/tamil-nadu-poll-survey-says-dmk-front-to-get-30-33-lok-sabha-seats/articleshow/68784727.cms">all opinion polls</a> in the run up to the elections have handed a landslide to the challengers led by the DMK and Congress. There are at least four big decisions that work against the incumbent <keyword id="5013725" type="PERSON" weightage="20" keywordseo="AIADMK-BJP-Alliance">AIADMK-BJP alliance</keyword>. A small oil field In 2015, the <a href="https://www.downtoearth.org.in/news/energy/no-noble-gases-57750">Modi government approved a project to dig</a> for oil and natural gas from a 10 square kilometre field in Neduvasal, in Pudukottai district. The reason being the oil field was located in one of the more fertile parts of Tamil Nadu’s delta region around the Cauvery river. The proposal to dig for oil in the region scratched the wounds of an existing wound in the minds of the local farmers. A standoff with the neighbouring state of Karnataka over <a href="https://economictimes.indiatimes.com/news/politics-and-nation/a-brief-history-of-the-cauvery-dispute/tale-of-two-states/slideshow/63698683.cms">the sharing of Cauvery’s water</a> is decades old. Even after a settlement ordered by the Supreme Court, the farmers’ in Tamil Nadu’s rice bowl feel parched as well as wronged by the system. Farmers were caught by surprise when they were asked to give up their land to extract oil, while they were still hoping to their share of water to till the land. A big highway Farmers have been up in arms in five other districts too, far away from Neduvasal. The point of contention is an eight-lane expressway stretching nearly 280 kilometres west from the state capital Chennai to the industrial town of Salem. Once again the BJP has found itself in the firing line of the voters as it continues to push for the project despite stiff resistance that the party’s rivals have capitalised on. The Madras High Court on April 8 quashed the land acquisition process for the Chennai-Salem Expressway project. The challenging coalition led by Congress and the DMK have vowed to scrap the project if voted to power. A medical entrance test Seventeen-year-old Anitha, an aspiring medical student, committed suicide in September 2017 after she failed to clear the then newly-introduced medical entrance exam, that goes by the acronym NEET. The National Eligibility Entrance Test (NEET) replaced the admission tests for medical colleges across the country with a centralised process. The <a href="https://www.thenewsminute.com/article/why-neet-election-issue-tamil-nadu-98604">people’s resentment against NEET</a> stems from the view that it puts local students, even the high-scorers, at a disadvantage because the curriculum is structured based on the Central Board of Secondary Education (CBSE), which is different from the state syllabus. The state administration’s high-handed approach in the wake of protests, and <a href="https://www.indiatoday.in/elections/story/piyush-goyal-neet-tamil-nadu-bjp-aiadmk-1500468-2019-04-12">the BJP’s persistence</a> on imposing NEET, has only hurt the alliance’s chances in the state. Once again, BJP’s rivals have promised to let states decide the mode of admission into medical colleges. The <a href="https://www.livemint.com/Politics/QgYD6W50rev6VcHmGs9GKP/NEET-protests-More-states-join-the-fight.html">protests against NEET was not unique</a> to Tamil Nadu, but the outrage in the southern state was the most severe. Tamil Nadu is known for its huge population of aspiring doctors. The state has 22 medical colleges, among the highest in the country, and 4 doctors for every 1,000 people, <a href="https://timesofindia.indiatimes.com/india/6-states-have-more-doctors-than-whos-11000-guideline/articleshow/65640694.cms">nearly at par with</a> developed countries like Norway and Sweden. Despite the enduring resentment, Tamil Nadu had the <a href="http://www.newindianexpress.com/education/2019/feb/03/tamil-nadu-has-the-highest-number-of-doctors-who-cleared-pg-neet-1933745.html">maximum number of students</a> clearing the NEET exam in 2019. The shootout In May 2018, The Tamil Nadu Police <a href="https://www.thenewsminute.com/article/sterlite-violence-video-shows-policemen-taking-aim-and-shooting-protesters-81744">opened fire at a sea of protestors</a> outside the country’s largest copper smelter, operated by Sterlite, a Vedanta Group company. More than 10 people died in the shootout and the public anger that swelled further poured on the ruling state government led by the AIADMK. Sterlite’s plant was accused of violating pollution norms, causing fatal health issues to its workers and the population in its vicinity. Local protests against the plant have been underway in patches since 1996, and they escalated once again in 2018 leading up to the <a href="https://www.tribuneindia.com/news/editorials/tuticorin-massacre/594415.html">‘Tuticorin Massacre’</a>. Subsequent probe and judicial inquiry revealed gaping regulatory lapses, eventually leading to the closure of the plant pending investigations and corrections. The London-based Vedanta Group has been a big donor to <a href="https://www.thequint.com/news/india/sterlite-congress-bjp-fcra-violation-finance-bill-amendments">both the BJP and the Congress</a> between 2004 and 2015. However, BJP also found itself further on the wrong side of the debate soon after the issue came to the fore, as some of its leaders tried to colour some of the protestors as anti-social elements. 
	
	<div type="twitter" handle="HRajaBJP" handlename="Chowkidar H Raja" image="http://pbs.twimg.com/profile_images/690063070870241280/uH8lVPNK_normal.jpg" favoritecount="668" retweetcount="333" status="Not only Thoothukudi even the protest against the 8 way highway is orchestrated by the same anti social elements. https://t.co/UcjvxjiDsV" createdat="1530593499000" id="1014008749197946880"></div>





 Going into the 2019 elections, the party is in alliance with the regional party, AIADMK, which bore the brunt of the public anger. A year on, the memory of the lethal attack on protestors is still fresh among voters, particularly in the region. As is the outrage against NEET, the Chennai-Salem expressway, and the proposed oil field in Neduvasal. The odds are heavily stacked against the AIADMK-BJP alliance. This is the first-time in decades that Tamil Nadu is going to polls without a strong, regional leader to back. Over decades, a series of larger-than-life leaders, with their share of taints, from <a href="https://www.firstpost.com/india/cn-annadurai-legacy-of-a-dravidian-stalwart-6007351.html">CN Annadurai</a> to <a href="https://www.indiatoday.in/magazine/cover-story/story/19880115-m.g.-ramachandran-death-marks-the-passing-of-an-era-of-stability-in-tamil-nadu-796866-1988-01-15">MG Ramachandran</a> to <a href="https://economictimes.indiatimes.com/news/politics-and-nation/karunanidhi-1924-2018/newslist/65311339.cms">M Karunanidhi</a> and <a href="https://frontline.thehindu.com/cover-story/jayalalithaas-legacy/article9435860.ece">J Jayalalitha</a> had turned Tamil Nadu into a politically unbreachable fortress for national parties. The mandate kept passing between the DMK and AIADMK for years. However, the passing away of Karunanidhi and Jayalalitha in recent years has left a political vacuum that the national parties intended to capitalise on. Neither the BJP nor the Congress by itself has made any significant headway so far.

You Searched For "Vedanta Sterlite Copper smelter unit" and got 5 results

Vedanta puts its copper smelter plant in Tuticorin on sale

IANS

India’s Supreme Court orders controversial copper smelter plant Sterlite to remain shut

Sanchita Dash

India deports American journalist who was making an environmental documentary on a controversial copper smelter plant

BI India Bureau

Anil Agarwal for the 1st time takes board position on Vedanta Ltd

PTI

Tamil Nadu’s angry voters have a small oil field, a big highway, a medical entrance test, and a police shootout in mind

Sriram Iyer

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