India Panel: Vedanta East India Project Can Harm Tribes, Forests
16 August 2010 - 8:25PM
Dow Jones News
A panel set up by India's Ministry of Environment & Forests
said Monday an approval for a Vedanta Resources PLC (VED.LN)
project to mine bauxite in east India will cause serious damage to
the survival of tribes and forest land in the Niyamgiri Hills.
The panel report said the project could destroy around 7 million
sq. kilometers of forest lands and added that Vedanta has already
"illegally occupied" 26.12 hectares of forest land in the region
despite not receiving federal approval for going ahead with the
mining project.
"This is an act of total contempt for the law on the part of the
company and shows an appalling degree of collusion on the part of
the concerned officials," the panel said.
The panel added that allowing the project to go ahead would have
"serious consequences for the security and well being of the entire
country."
- By Prasenjit Bhattacharya, Dow Jones Newswires;
91-11-4356-3358; prasenjit.bhattacharya@dowjones.com
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