- Tag results for Vedanta
A bench headed by NGT Chairperson Justice Adarsh Kumar Goel passed the order after the company alleged it was not being allowed access to the plant despite permission granted by the tribunal.
Meanwhile, a miscellaneous application moved by Thoothukudi resident and Anti-Sterlite People's Movement convenor Fatima was dismissed by NGT.
ArcelorMittal, which is competing against Russia's VTB Group-backed Numetal Ltd and Vedanta for the takeover of Essar Steel, on September 15 wrote a hard-hitting letter.
The revised offer also includes a commitment to pay Rs 7,000 crore dues to the financial creditors of Uttam Galva and KSS Petron to be eligible in the race to acquire Essar Steel.
SC said the NGT should consider merits and maintainability after the committee, constituted by the green panel to look into environmental compliance and other issues, submits its report.
The NCLAT held that NuMetal was not related to promoters of Essar Steel and so was eligible for submitted a resolution plan for the company.
SC no to urgent hearing on plea against allowing Vedanta access to admin unit of Sterlite copper plant
The NGT had on August 9 allowed Vedanta to enter the administrative unit inside its Sterlite copper plant, observing that no environmental damage would be caused by allowing access.
The trust said on Monday the $1 billion offer to take the miner private would remain open for acceptances from shareholders until further notice.
In an interview, Venkatakrishnan, known in industry circles as Venkat, said huge opportunities exist and Vedanta can be turned into one of the largest resource companies.
Vedanta is the quintessence of Vedas that comes as the concluding clarion call of the pinnacle of wisdom.
Srinivasan Venkatakrishnan replaces Tom Albanese who was the CEO between 2014 and 2017 and Kuldip Kaura who was the interim CEO.
Sterlite issue: NGT appoints ex-judge Justice Tarun Agrawal as chairman of panel to decide Vedanta's plea
The matter has been put upon receipt of a communication from Justice S J Vazifdar, former Judge of Bombay High Court dated August 28 expressing inability to accept the appointment.
Of the total 40,000 MW captive power plants (CPP) capacity, 70 per cent CPPs are thermal coal-based and the requirement of coal for the plants are estimated at 190 MT per annum.
Minerals major Vedanta will be shelling out close to Rs 56,000 crore as capital expenditure over the next three years, of which around Rs 2,100 crore to Rs 2,800 crore will be spent on the recently ac
Tonnes of materials still at Thoothukudi Sterlite plant, could pose risk: Central Pollution Control Board
It was found 806 MT of diesel oils and furnace oil are at the premises, while a large quantity of copper concentrate and electrolyte solution were in the cell house without safety precautions.