Court to next hear Sterlite copper smelter case on July 15
NEW DELHI (Reuters) - An environmental court will next hear a case calling for the closure of India's top copper smelter on July 15, Judge Swatanter Kumar said, adding the plant will stay open at least until then.
Owner Sterlite Industries STRL.NS re-opened the plant, which accounts for over half the country's output, on June 16 with the temporary approval of India's fast-track environmental court after a shutdown of more than two months following complaints of emissions.
The court will deliver its final order after hearing from both the company and the parties opposing the reopening of the plant, which produces 30,000 tonnes of copper per month and whose closure on March 30 led to a boost in imports.
(Reporting by Krishna N Das; Editing by Muralikumar Anantharaman)
- Tweet this
- Share this
- Digg this
Shares Hit Record
The BSE Sensex and Nifty surged to record highs for a second consecutive session on Friday after Bank of Japan's surprise expansion of its massive stimulus programme raised hopes for additional foreign inflows, boosting blue-chips such as Larsen & Toubro. Full Article
China's shadow banking sector growing rapidly, third largest in world - FSB. Full Article