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Vedanta Res PLC (VED)

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Wednesday 15 November, 2017

Vedanta Res PLC

Restart of Jharsuguda Power Plants

RNS Number : 5448W
Vedanta Resources PLC
15 November 2017
 

 

 

15 November 2017

 

Vedanta Resources plc

Restart of Jharsuguda Power Plants

Vedanta Resources plc's subsidiary Vedanta Limited today made the below announcement.

 

 

Vedanta Limited

Restart of Power plants at Jharsuguda

The State Pollution Control Board, Odisha ('SPCB') through its order dated November 10, 2017 has revoked the closure order on the remaining two power units that were shut down as directed by them on September 13, 2017.

With this order, the closure order has been revoked on all five power units that were directed by SPCB to be temporarily closed. The SPCB has allowed operation of all the units of 1215 MW and 2400 MW plants up to January 12, 2018 after which further extension of operation will be considered with a review of progress.

The Company had earlier announced on September 14, 2017, that consequent to a breach in the ash dyke wall at Jharsuguda, the SPCB had served a direction resulting in a temporary closure of three units of 135 MW each of the 1215 MW power plant, and two units of 600 MW each of the 2400 MW power plant.

We had earlier, vide our announcement dated September 21, 2017, updated that the SPCB had directed revocation of closure of three units.

For further information, please contact:

Communications

Finsbury

Arun Arora

Head, Corporate Communications

Tel: +91 124 459 3000

[email protected]

 

Daniela Fleischmann

Tel:  +44 20 7251 3801

Investors


Ashwin Bajaj

Director - Investor Relations

 

 

Sunila Martis

Associate General Manager - Investor Relations

 

Veena Sankaran

Manager - Investor Relations

Tel: +44 20 7659 4732

Tel:  +91 22 6646 1531

[email protected]

About Vedanta Resources

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. To access the Vedanta Sustainable Development Report 2017, please visit http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf. For more information on Vedanta Resources, please visit www.vedantaresources.com 

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and/or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 


This information is provided by RNS
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