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Vedanta-owned Sterlite Copper smelting plant to reopen to produce oxygen for hospitals: Report

27 Apr 2021 Evaluate

Vedanta-owned Sterlite Copper smelting plant at Tuticorin in Tamil Nadu has been reportedly allowed to reopen partially for four months only to produce medical oxygen, in the wake of the severe shortage due to the pandemic. A government-appointed panel will monitor the functioning of the plant and copper production will not be allowed.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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