BANKS DODGY DEALS CAMPAIGNS
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate
Banks and Human Rights
Banks and Nature
Our projects
Tracking the NZBA
Banks and Russia
Banks and Steel
Tracking the Equator Principles
Tracking the PRBs
Find a Better Bank
Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles 20 years of BankTrack – Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Donate Mailing list Facebook Twitter Linkedin Login
Home › Partner news ›
Partner News

Vedanta’s Niyamgiri project delayed as Orissa goes for fresh forest survey.

2010-07-12
2010-07-12

The London Stock Exchange listed Vedanta Resources has to wait for some more time to source bauxite from the Niyamgiri mines for its 1 million tonne alumina plant at Lanjigarh as the state government has decided to conduct a fresh survey of the forest area to settle the claims under Forest Right Act.

The state chief secretary, TK Mishra, has directed the district collectors of Kalahandi and Rayagada districts to verify afresh the presence of tribals or tribal community rights, if any, in the 660 acres forest land alienated for Vedanta’s bauxite mining project at the Niyamgiri hills.

“A special team of officials from forest & environment, revenue & disaster management and ST & SC welfare departments will visit the area and discuss with the members of the gram sabha,” said the chief secretary.

The district collectors of Kalahandi and Rayagada, in fact, have submitted a report to the state government that the 660 hectares forest land is free from occupation.

The state government’s directives has come in the wake of the four member Saxena Committee pointing out that the Forest Right Act has been violated while giving clearance to the mining rights. NC Saxena, who toured the Kalahandi and Rayagada district last week has gathered number of petitions from the tribals living or depending on the forest that has been given for mining. Saxena is the head of the four member team constituted by the Union ministry for Environment and Forest to study and give a report on the status of the Niyamgiri forest land that is going to be diverted for bauxite mining. Even though there are four members in the committee, Saxena alone visited the forest areas last week.

“We have studied the area during our visit and would submit a report by the end of this month,” said Saxena. Vedanta Alumina (VAL), a Vedanta Resources company, has put into operation its 1 million tonne refinery at Lanjigarh in September 2007. It is currently depending on buxites imported from Gujarat and Chhattisgarh.

According to VAL chief operating officer, Mukesh Kumar, the company is losing $90 on every tonne of alumina it produces, owing to high input cost.

The last week’s development is likely to further delay the linking of raw material to the Vedanta refinery.

Dodgy Deals
There are no active project profiles for this item now.

Bauxite mine Niyamgiri Hills

India
Project
On record
Mining

Bauxite mine Niyamgiri Hills

India
There are no active company profiles for this item now.

Vedanta Resources

United Kingdom
Company
on record
Mining

Vedanta Resources

United Kingdom
Sections
Banks Dodgy Deals Campaigns
Our campaigns
Banks and Climate Banks and Human Rights Banks and Nature
Our projects
Tracking the NZBA Banks and Russia Banks and Steel Tracking the Equator Principles Tracking the PRBs Find a Better Bank Banks and the OECD Guidelines
Media
News Publications
Raiffeisen Out! Bank.Green End Coal Finance Plastic Banks Tracker Defund TotalEnergies Financial Exclusions Tracker Equator-Complaints.Org Don't Buy into Occupation Banks & Biodiversity Forests & Finance Drop JBS StopEACOP Fossil-Free Finance
BankTrack
About BankTrack Organisation Our team Our board Our annual reports Funding and finances Guiding principles 20 years of BankTrack – Our history BankTrack in the media Team up with us Our privacy policy Donate Visit us
Successes Contact BankTrack
Vismarkt 15
6511 VJ Nijmegen
The Netherlands
Contact@banktrack.org
Donate Mailing list Facebook Twitter Linkedin
©2023 BankTrack
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted