Vedanta’s Orissa projects are on schedule: Agarwal
April 26th, 2008 - 11:11 pm ICT by admin ( Leave a comment )
Bhubaneswar, April 26 (IANS) NRI industrialist and chairman of Britain’s Vedanta Resources Anil Agarwal Saturday said all projects of the group in Orissa were on schedule. “All projects in Orissa are on schedule. We will work for the benefit of the state,” he told reporters after talks with Chief Minister Naveen Patnaik and senior state government officials here.
He met Patnaik at a crucial time when Vedanta’s projects in the state are facing opposition from residents who say they will not give up their land for industrialisation.
The Anil Agarwal Foundation, promoted by Agarwal, is setting up a multi-disciplinary world-class Vedanta University near the Konark-Puri marine drive with an investment of Rs.150 billion ($3.75 billion) in phases.
Vedanta Alumina, part of the Vedanta Resources (Sterlite) Group, is building an alumina refinery with an investment of $800 million in the state’s Kalahandi region.
It is also building an aluminium smelter project costing Rs.70 billion in Jharsuguda district.
“Our refinery project in Lanjigarh is one of the best projects in the world. We hope bauxite will be available for it,” Agarwal said.
He was hopeful of getting raw material and adequate water for the Lanjigarh project. “There is enough water in the Hirakud reservoir for industries and we will not touch a drop of water meant for farmers,” he said.
Regarding rehabilitation of the affected people, he said: “We will follow R&R (resettlement and rehabilitation) policy of the Orissa government for all our projects.” He described Orissa’s R&R policy as the best in the country.
Speaking of the progress of Vedanta University, Agarwal said in the first phase, the foundation stone for a medical college and a 600-bed hospital will be laid soon in the university campus.
“We will work towards giving 25 percent seats to the students from Orissa who will be taken on merit basis,” he remarked.
However, the projects still face criticism of several social groups. “Vedanta has already violated the law of the land by building plants in the state without valid environmental and forest clearances,” social activist and writer Sudhir Patnaik told IANS.
“The company has nowhere respected the natives of the land. Profits and only profits are the prime motive of the company wherever it goes,” he added.
- Vedanta University project gets environmental clearance - Apr 17, 2010
- Land acquisition for Vedanta University quashed - Nov 16, 2010
- BJP activists burn effigies of Patnaik over Vedanta issue - Nov 17, 2010
- Orissa rally to celebrate dumping of university plan - Nov 30, 2010
- Orissa assembly adjourned over Vedanta varsity issue - Nov 23, 2010
- Patnaik defends Vedanta varsity decision - Nov 25, 2010
- Orissa assembly disrupted again over university issue - Nov 24, 2010
- India junks Vedanta's mining bid on environment concerns - Aug 24, 2010
- Vedanta committed to completing Orissa projects: Agarwal - Jun 06, 2009
- Vedanta won't give fight over Orissa hill tribe's sacred mountain - Feb 01, 2011
- Vedanta University: Apex court orders status quo (Lead) - Jan 28, 2011
- Protests in Orissa over varsity land issue - Nov 18, 2010
- Orissa seeking legal opinion on Vedanta project - Oct 28, 2010
- Vedanta taps Gujarat for bauxite for Orissa refinery - Sep 02, 2010
- Green group seeks cancellation of clearance to Vedanta refinery - Feb 19, 2010
Tags: adequate water, alumina refinery, aluminium smelter, anil agarwal foundation, benefit, bhubaneswar, chief minister, drop of water, farmers, hirakud reservoir, industrialist, konark, opposition, orissa, raw material, refinery project, state government officials, sterlite group, vedanta resources