Vedanta Resources PLC Update on Jharsuguda Power Plants (3949R)
21 September 2017 - 5:10PM
UK Regulatory
TIDMVED
RNS Number : 3949R
Vedanta Resources PLC
21 September 2017
Vedanta Resources plc
16 Berkeley Street
London W1J 8DZ
Tel: +44 (0) 20 7499 5900
Fax: +44 (0) 20 7491 8440
www.vedantaresources.com
21 September 2017
Vedanta Resources plc
Update on Jharsuguda Power Plants
Vedanta Resources plc's subsidiary Vedanta Limited today made
the below announcement.
Vedanta Limited
Restart of certain units of Power plants at Jharsuguda
Subsequent to our announcement dated September 14, 2017, w.r.t
the order dated September 13, 2017 directing temporary closure of
the five power plant units (three units of 135 MW each of the 1215
MW power plant, and two units of 600 MW each of the 2400 MW power
plant), the State Pollution Control Board, Odisha ('SPCB') has
revoked closure of three units (two units of 135 MW each and one
unit of 600 MW) on September 20, 2017.
The revocation order will help the Company get complete reliable
power generation back in place, satisfying the current requirement
for Smelter operations and will not need to purchase the 200 MW
stated in the release dated September 14, 2017.
For further information, please contact:
Communications Finsbury
Arun Arora Daniela Fleischmann
Head, Corporate Communications Tel: +44 20 7251 3801
Tel: +91 124 459 3000
gc@vedanta.co.in
Investors
Ashwin Bajaj Tel: +44 20 7659 4732
Director - Investor Relations Tel: +91 22 6646 1531
ir@vedanta.co.in
Sunila Martis
Associate General Manager
- Investor Relations
Veena Sankaran
Manager - Investor Relations
About Vedanta Resources
Vedanta Resources plc ("Vedanta") is a London listed diversified
global natural resources company. The group produces aluminium,
copper, zinc, lead, silver, iron ore, oil & gas and commercial
energy. Vedanta has operations in India, Zambia, Namibia, South
Africa, Ireland and Australia. With an empowered talent pool
globally, Vedanta places strong emphasis on partnering with all its
stakeholders based on the core values of trust, sustainability,
growth, entrepreneurship, integrity, respect and care. To access
the Vedanta Sustainable Development Report 2017, please visit
http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf.
For more information on Vedanta Resources, please visit
www.vedantaresources.com
Disclaimer
This press release contains "forward-looking statements" - that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should" or "will." Forward-looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets including the London Metal Exchange, fluctuations in
interest and/or exchange rates and metal prices; from future
integration of acquired businesses; and from numerous other matters
of national, regional and global scale, including those of a
political, economic, business, competitive or regulatory nature.
These uncertainties may cause our actual future results to be
materially different that those expressed in our forward-looking
statements. We do not undertake to update our forward-looking
statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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