State Pollution Control Board, Odisha has asked Vedanta to deposit a compensation of Rs 71.10 crore for unauthorised disposal of fly ash. Fly ash is a fine, powdery waste material created when coal is burned in power plants. It intends to take legal recourse in the present matter before the appropriate forum. The company is hopeful of a favorable outcome thereof and does not expect the said Order to have any material financial impact on the company.
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.
