Another Big Blow to India-Focused Vedanta Resources - Page 2
Vedanta is among several big companies, including South Korea's steel giant POSCO, whose Indian projects face a long delay of 6 years as a proactive environment minister Jairam Ramesh tightens rules that brings him in conflict with other government ministers who are pushing for rapid industrialisation at any cost under the leadership of growth-focused Prime Minister Manmohan Singh. However, the company had denied last week there were any regulatory violations of any kind at its refinery in Orissa's Lanjigarh area.
Niyamgiri hills area is actually a sacred place for Dongria and Kutial tribes. They have expressed their opposition to the refinery and mining for years through several agitations. But the Orissa government didn’t heed their demands and proceeded with the Bauxite refinery misinforming the Central environmental ministry.
Follow Technorati