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National Green Tribunal imposes fine of Rs 25 crore on Vedanta

06 May 2022 Evaluate

The National Green Tribunal (NGT) has imposed a fine of Rs 25 crore on Vedanta for violating the environmental norms by expanding its plant at Lanjigarh in Odisha's Kalahandi district. It directed the company to deposit the amount with the State Pollution Control Board within one month to be kept in a separate account to be utilised for the restoration of the environment.

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 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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