Vide order dated 21 April 2014
Sesa Sterlite has announced that the Honorable Supreme Court vide its order dated 21 April 2014 has lifted the ban on mining in the State of Goa, subject to certain conditions.The Honorable Supreme Court has imposed an interim restriction on the maximum annual excavation from the mining leases in the State of Goa of 20 million tonnes subject to determination of final capacity by Expert Committee appointed by the Supreme Court.
Further, in its order, the Supreme Court has held that all mining leases in the State of Goa, including those of Sesa Sterlite, have expired in 2007.
Consequently, no mining operations can be carried out until renewal/execution of mining lease deeds by the State government.
The Company is working towards securing the necessary permissions for commencement of operations at the earliest.
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