Sesa Sterlite set to take up Rs. 2,500 cr TN facility expansion.

The $12.9 billion Vedanta Group's Sesa Sterlite Ltd.- Sterlite Copper is set to take up the Rs. 2,500-crore expansion at its copper smelter plant in Tuticorin.

P Ramnath, chief executive officer, Sesa Sterlite Ltd. - Sterlite Copper, a subsidiary of Vedanta Resources, confirmed the company met Tamil Nadu industries minister P Thangamani and principal secretary - industries C V Shankar, and made a presentation.

'We are waiting for some approvals, while simultaneously we have initiated an environmental impact study, which will be submitted to the government soon. In 6-8 months, the process will be complete and the target to complete the expansion is 2017,' said Ramnath.


BS