Vedanta busts rumours, explains terms based on which the plant is to be reopened

Vedanta, the parent company of Sterlite, which was in the headlines for having gotten closed by the government for flouting rules and regulations, was given permission by the Tamil Nadu government to reopen to help with the oxygen shortage in the coronavirus pandemic. Following this, there have been a lot of rumours around this. Busting these, Vedanta issued a press release, in which it explained that it had agreed to produce 1000 tonnes of medical oxygen, amid rapid news on social media that it could only produce oxygen for industrial use in Vedanta.

Earlier, at an all-party meeting chaired by Tamil Nadu Chief Minister Palaniswami, it was decided to run the Tuticorin Sterlite plant for only four months to meet the demand for oxygen.

This has been supported by various parties, including the DMK. Meanwhile, news spread fast on social media that only oxygen for industrial use could be produced in Vedanta.

According to a statement issued by Vedanta: “We have agreed to produce 1000 tons of oxygen for medical use at the Sterlite plant. We have agreed to supply the oxygen so produced to Tamil Nadu on a priority basis and then to other states. In addition, we are in consultation with experts on improving the infrastructure to transport the medical oxygen produced to the required locations.”

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