skip to content

Other

Vedanta updates on Jharsuguda incident

20 April 2017 14:03

Vedanta Resources has confirmed that the 500kt plant-1 smelter at Jharsuguda had a pot outage incident earlier this week.

The Company said 228 pots out of the total 608 pots were damaged and taken out of production.

Vedanta said:

"The impacted pots will require to be repaired over the next few months, and put back into production. Timelines will be announced in due course."

Talwandi Sabo Power Plant, a wholly owned subsidiary of the Company, added:

"A fire took place at the coal handling plant at the 1980 MW TSPL Power Plant in Punjab state earlier this week. This has resulted in a shut down of all three units of the power plant for around 60 days. The plant had achieved full ramp up during FY 2017, and had record availability of 85% in Q4 FY 2017.

"There were no injuries in either incident. The operational teams at the respective locations are working towards rectification, and safe and expeditious restart of the affected facilities."

At 2:02pm: (LON:VED) Vedanta Resources PLC share price was -26p at 689p

Story provided by StockMarketWire.com

Related Company: VED

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.