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Sterlite Industries slapped with 1 billion rupees fine

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Reuters NEW DELHI
Last Updated : Apr 02 2013 | 11:50 AM IST

NEW DELHI (Reuters) - The Supreme Court imposed a fine of 1 billion rupees on Sterlite Industries for flouting green norms at its plant in Tamil Nadu, a judge said on Tuesday.

The case is unrelated to a separate order that has shut the Tuticorin plant, India's largest, since last week following complaints of a gas leak.

Despite the fine, the Supreme Court overruled an earlier order from the Madras High Court to shut down the plant over long-standing environmental concerns, the bench headed by Judge A.K. Patnaik said.

On Monday, the company informed the stock exchanges that the Tamil Nadu Pollution Control Board had passed an order to shut its plant at Tuticorin after locals complained of breathing problems.

(Reporting by Siddesh Mayenkar)

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First Published: Apr 02 2013 | 11:38 AM IST

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