Vedanta To Sell Sterlite Copper Plant in Thoothukudi; Activists Doubtful of Advt

COVID 19 Updates Vedanta To Sell Sterlite Copper Plant in Thoothukudi; Activists Doubtful of Advt

The note on their official website reads: “Vedanta, in conjunction with Axis Capital, invites Expression of Interest for the sale of its Copper plant along with its other units which includes Smelter Complex (primary and secondary), sulphuric acid plant, copper refinery, continuous copper rod plant, phosphoric acid plant, effluent treatment plant, captive power plants, RO units, oxygen generation unit and residential complex.”

The Thoothukudi plant has an installed capacity of 4,00,000 MTPA of integrated copper smelter and refinery another 4,00,000 MTPA under expansion. When the plant was operational, it contributed to about Rs 2,500 crore to the exchequer and provided jobs to over 5,000 people and to another 25,000 indirectly, the company has claimed.

Crime Today News | INDIA


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