Tamil Nadu orders permanent shutdown of Sterlite copper plant in Thoothukudi

Agencies
May 28, 2018

Chennai/Thoothukudi, May 28: The Tamil Nadu government on Monday ordered permanent closure of Vedanta Group’s Sterlite copper plant in Thoothukudi, in light of the anti-Sterlite protests in which 13 people were killed due to police firing. The Tamil Nadu government has asked the state Pollution Control Board to seal Vedanta’s copper plant.

Earlier on Monday, Tamil Nadu deputy chief minister O. Panneerselvam asserted the government will take resolute steps for the permanent closure of Vedanta group’s Sterlite copper plant in Thoothukudi.

“Today, the main demand of the people is that the copper plant should be permanently closed. In keeping with their demand, it is shut now. I would like to make it clear that Sterlite plant will be permanently shut,” Panneerselvam said.

The deputy chief minister said even if there were legal challenges in the closure of the plant, it will be faced and the government will take resolute steps to permanently close down the Vedanta group’s copper unit in Thoothukudi.

Describing the deaths of 13 people in the police firing as an “incident of grief which melted the hearts of everyone,” Panneerselvam expressed his condolences to the kin of the dead and wished the injured a speedy recovery.

Recalling the steps taken by the government for closing down the plant, he said way back in 2013, the copper plant was shut by late chief minister J Jayalalithaa. However, Sterlite approached the National Green Tribunal (NGT) and got orders for resuming operations and the government petition opposing this was still pending in the Supreme Court. Also, the State pollution control board did not renew its consent due to which the plant could not operate, he said.

Panneerselvam said he met 47 injured persons and consoled them, and received representations from them which will be fulfilled. He said compensation has already been provided to all the injured he met.

The visit of the deputy chief minister, who is also the top leader of the ruling AIADMK, comes at a time when the city has just got back on its feet.

Large-scale violence on 22 May against the Sterlite copper plant and police firing led to the death of 13 persons and the next day saw one more youth succumbing to injuries sustained in police firing.

Sterlite Copper is a unit of Vedanta Ltd which operates a 400,000-tonne per annum capacity plant here. With the return of normalcy, prohibitory orders were relaxed and the internet services have also been restored fully. “Peace has returned to Thoothukudi and it will continue and the district administration is working towards that,” the deputy chief minister said.

Panneerselvam also visited the district collectorate which had borne the burnt of the violence on 22 May and held discussions with district officials.

Meanwhile, an AIADMK information technology wing functionary C. Hari Prabhakaran, who made an abusive tweet against journalists, was expelled from the party. “Reporters are not allowed to shoot inside the hospital during the DCM visit— street dogs who shouts for biscuits will be tied on the gate rather allowing them inside,” he had said on his Twitter handle.

Prabhakaran subsequently deleted the tweet. The AIADMK release said Hari Prabhakaran, Kanchipuram East District IT Wing Joint Secretary was removed from all his party posts, including primary membership, for acting against the party principles and for bringing disrepute.

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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 26,2024

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The extremist Israeli finance minister has called for the occupation of the Gaza Strip and halving the population of the Palestinian territory that is reeling from almost 14 months of genocide.  

Bezalel Smotrich, who has a history of racist statements against Palestinians, made the controversial remarks during a conference of the Yesha Council settler group on Monday.

“We can occupy Gaza and thin the population by half within two years,” through encouraging the so-called “voluntary emigration," he said.

The racist minister also urged the Tel Aviv regime to use its favorable ties with the incoming administration of US President-elect Donald Trump to implement the plan.

“Occupying Gaza is not a dirty word,” he further claimed.

Once the success of the “voluntary emigration" is proven in the besieged Gaza Strip, it can be replicated in the occupied West Bank, he added.

Last month, Smotrich urged the full annexation of the West Bank and Gaza, asserting that Israel should unequivocally declare there would be no Palestinian state.

Israel launched its brutal Gaza onslaught on October 7, 2023, after the Palestinian Hamas resistance group carried out a historic operation against the usurping entity in retaliation for its intensified atrocities against the Palestinian people.

However, nearly 14 months into the offensive, the Tel Aviv regime has failed to achieve its declared objectives of finding captives held in Gaza and eliminating Hamas.

So far, the occupying regime has killed at least 44,235 Palestinians, mostly women and children, and injured 104,638 others, in Gaza. 

It has been committing the war crimes of starvation and of intentionally directing attacks against the civilian population in the besieged territory.

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News Network
November 21,2024

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Hamas says the Israeli regime’s sole objective lies in “erasing” the entirety of the Palestinian population from across the Palestinian territories.

Khalil al-Hayya, a ranking official with the Gaza Strip-based Palestinian resistance movement, made the remarks to the Palestinian al-Aqsa TV on Wednesday.

“The occupation targets everyone—it strikes hospitals, civil defense, women, children, and the elderly,” he said, adding that the regime sought to “empty Gaza of its residents, and displace the Palestinian people to fulfill its dreams of building a Zionist Jewish state across all of Palestine.”

The remarks came amid the regime’s October 2023-present war of genocide on the coastal sliver that has so far claimed the lives of nearly 44,000 Palestinians, mostly women and children.

“This unprecedented aggression in modern times evokes scenes from the dark ages of human history, having crossed all red lines and exceeded every expectation of brutality in the modern era,” the Palestinian official lamented.

He also regretted that the regime had added “systematic and dangerous starvation to its aggression, falsely claiming before the world that it allows 250 [aid] trucks into Gaza daily. In reality, the number of trucks is far fewer.”

Hayya, meanwhile, regretted that “scenes of children torn apart, women screaming over their children, and heart-wrenching destruction have failed to stir enough humanity to stop these crimes.”

He decried the United States for vetoing the United Nations Security Council’s resolutions that are aimed at bringing about a potential ceasefire in the war, saying this indicated Washington’s “partnership in the aggression” and a simultaneous siege that the Israeli regime has been enforcing on Gaza.

Addressing Israeli Prime Minister Benjamin Netanyahu, the official asserted that, despite what the Israeli official is after, Hamas would not hand over the regime’s captives “without [the regime’s] stopping the war.”

He called Netanyahu “the main obstacle” in the way of cessation of the aggression, saying the Israeli premier “blocks any progress for political reasons,” and citing his preventing conclusion of a ceasefire agreement in July.

Hayya also warned that the regime sought to expand the war beyond Gaza, but asserted that its goals are “impossible and will never happen.”

“Today, the enemy exposes its true intentions of extermination and displacement, but it will fail,” he stressed.

“The Palestinian people are resilient and will not surrender, as they believe in their humanitarian and political cause. The enemy and its allies will not succeed in achieving their goals. This steadfast people will endure, and the occupation will not prevail against them.”

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