Sterlite Industries (India) Limited -- Update on Tuticorin Smelter

  Sterlite Industries (India) Limited -- Update on Tuticorin Smelter

Business Wire

TUTICORIN, India -- April 1, 2013

Sterlite Industries (India) Limited has been has been operating its copper
smelter in Tuticorin for the last 17 years with requisite approvals and
consents issued by regulatory authorities. The plant adheres to the highest
standards of environment, health and safety practices, benchmarked to
international standards. The plant has undergone continuous upgradation of
technology over the years, including the implementation of numerous
environmental upgradation measures based on recommendations of TNPCB, NEERI
and CPCB in the last two years.

In response to a few public complaints of emission, on 23 March, 2013, Tamil
Nadu Pollution Control Board (TNPCB) carried out a preliminary inspection. We
provided to TNPCB all the technical details of the operations which confirms
that all parameters and key readings of the particular period of 23 March,
were well within the permissible range. The District Administration also
issued a press note confirming that no case of illness was reported on account
of alleged emission, based on a report by District health officials.

Since all parameters were found within permissible levels and there were no
cases of illness, we believe that this should have been the subject matter of
detailed technical evaluation by TNPCB. However, TNPCB has ordered closure of
the plant. We will engage with TNPCB to explain the factual position and are
committed to co-operate fully with the authorities in this regard, in order to
be able to restart operations.

About Sterlite Industries

Sterlite Industries (India) Limited is India’s largest diversified metals and
mining company. The company produces aluminium, copper, zinc, lead, silver,
and commercial energy and has operations in India, Australia, Namibia, South
Africa and Ireland. The company has a strong organic growth pipeline of
projects. Sterlite Industries is listed on the Bombay Stock Exchange and
National Stock Exchange in India and the New York Stock Exchange in the United
States. For more information, please visit www.sterlite-industries.com.

Contact:

Sterlite Industries (India) Limited
Ashwin Bajaj, +91 22 6646 1531
Senior Vice President – Investor Relations
sterlite.ir@vedanta.co.in
Sheetal Khanduja, +91 22 6646 1531
AGM – Investor Relations
sterlite.ir@vedanta.co.in
 
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