Vedanta under scrutiny as 100 feared dead at aluminium plant
The safety policies of the London-listed mining giant Vedanta Resources are set to come under scrutiny after an accident at one of its sites in India killed as many as 100 people on Wednesday. The group has already been blacklisted by some investors over ethical and environmental concerns.
Legal scanner on Balco chimney
The Vedanta-controlled Bharat Aluminium Company Limited (Balco) did not have the required permission to construct the chimney for its power plant that collapsed yesterday killing at least 25 people. The company had earlier constructed one chimney for its 1200-Mw power plant coming up in the aluminium complex in Korba. This was the second chimney for the plant and the aluminium major was constructing it without the required permission from the civic authorities. See:
Firm’s bosses arrested as death toll mounts in India
Thirty-six workers are known to have died in the collapse of a giant chimney being built in India, but the toll is expected to rise as clearing continues. Two executives of the construction client, Bharat Aluminium Company Ltd, have reportedly been arrested as the local government launches an investigation. A state inquiry into the accident has been launched.
See also More than 100 feared dead in India chimney collapse and BBC coverage.
Vedanta petition
A number of people concerned about Vedanta’s operations in Orissa have drawn up a petition to the company’s investors, asking them to disinvest. See