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Vedanta shelves plan to sell its copper smelter in Tamil Nadu

Restarting the smelter will lead to a surge in India's copper output and cut imports

Vedanta
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Copper is poised to play an important role in the nation’s shift toward electric vehicles and renewables

Bloomberg
Vedanta Ltd. has shelved the plan to sell its copper smelter in the southern Indian state of Tamil Nadu, which accounted for almost 40% of the metal’s production in the country, and has doubled down on its efforts to restart the plant, according to people familiar with the matter.

After scrapping the seven-month-old process to offload the 400,000 tons-a-year Sterlite Copper plant, the company will now work with the local population to restart the factory that was shut on environmental concerns, the people said, asking not to be named as the information is not public. Vedanta’s petition to lift a local

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First Published: Jan 31 2023 | 10:54 PM IST

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