Sterlite smelter may re-open on June 16 - sources

Image
Reuters NEW DELHI
Last Updated : Jun 14 2013 | 7:15 PM IST

NEW DELHI (Reuters) - India's top copper smelter is likely to re-open on Sunday after a shutdown of over two months, two sources said on Friday, when a court-appointed panel will visit to oversee its restart.

The Supreme Court said on June 10 the smelter could re-open as scheduled and an earlier court had said that should be in the presence of an expert panel, ahead of a hearing for an appeal against its re-start.

A company source told Reuters on Friday that power for the smelter had been turned on. This source and one from the local pollution board said the court-appointed panel would visit the smelter on Sunday and the plant would re-open then.

The smelter was shut on March 30 after nearby residents complained of emissions that led to breathing problems but an environmental court said on May 31 it could re-open.

Its closure had squeezed domestic supplies and boosted imports and prices.

(Reporting by Krishna Das; Writing by Jo Winterbottom; Editing by Mayank Bhardwaj)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 14 2013 | 7:01 PM IST

Next Story