SC dismisses Vedanta's review petition to reopen copper plant in Tamil Nadu

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SC dismisses Vedanta's review petition to reopen copper plant in Tamil Nadu - Business Standard

Quick Summary:

Its closure has adversely affected these employment opportunities and disrupted the livelihoods of many associated with the plant's operations, according to reports by The Print and The Hindu Businessline.

A study by the Consumer Unity & Trust Society (CUTS) International estimated a consolidated loss of approximately Rs 14,749 crore to the economy since the shutdown. The plant provided direct employment to around 5,000 individuals and indirectly supported approximately 25,000 jobs through its value chain.

On October 22, 2024, the Supreme Court dismissed this review petition, stating that there was no error apparent on the face of the record to warrant a review.