In a surprising move, the Vedanta Group has invited expression of interest for its Sterlite Copper plant in Thoothukudi, which has been under lock and key since 2018 amid protests from the local people and a police firing.
“Vedanta, in conjunction with Axis Capital, invites expressions of interest for the sale of its copper plant along with its other units, which includes the smelter complex (primary and secondary), sulphuric acid plant, copper refinery, continuous copper rod plant, phosphoric acid plant, effluent treatment plant, captive power plants, reverse osmosis units, oxygen generation unit and residential complex,” the company said in an advertisement on Monday.
The last date to submit the EOI is July 4, 2022.
