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Tuesday, March 17, 2009

No 'green' light for Vedanta plan

Vedanta Aluminium (VAL) plant expansion faces delay over environmental issues, according to media reports. VAL plans for plant expansion at Jharsuguda with investment of Rs 11,500.

It is reported that the plant expansion was getting delayed due to the environmental issues. The company put up its expansion proposal before the Industrial Promotion and Investment Corporation of Orissa Ltd two months ago.

VAL proposed to increase the Jharsuguda smelter’s capacity to 1.4 million tonnes per annum (MTPA) from the current 0.5 million tonnes.

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