Motilal Oswal
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Motilal Oswal
March 15, 2019 11:06 PM IST | Energy

Vedanta's Sterlite Copper appoints new CEO amid battle to reopen India smelter

Sterlite Copper, which operates a 400,000-tonne-per-year smelter in the South India port city of Thoothukudi, was forced to shut its plant by Tamil Nadu state in May, and is estimated to have lost more than $200 million since.
Kumar replaces P Ramnath, who led Sterlite for eight years. Under Ramnath, the smelter was ordered shut at least twice, including for an alleged gas leak in 2013.
Vedanta's Sterlite Copper appoints new CEO amid battle to reopen India smelter
Published Date: Mar 15th, 2019 11:06 PM | Updated Date: March 15, 2019 11:06 PM IST
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