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Kim Eng maintains Sell on Hindalco Industries
www.equitybulls.com
[Equity Bulls] - The Odisha State PCB asked HNDL to shut down its power units at its Hirakud smelter following a breach of its ash pond, which has damaged crops in nearby areas. Reportedly, HNDL has shut down the 367MW power units with immediate effect. Though
Pollution Control Board didn't act against Hindalco in time: NGO
timesofindia.indiatimes.com
[Times of India] - "Had the pollution control board taken the issue seriously in 2010, the incident of breaches in Hindalco's ash pond could have been averted," Panda said. He asked the board to forfeit the Rs 2-crore bank guarantee of the plant made against a
Analysis: More uncertainty for Hindalco stock
business-standard.com
[Business Standard] - The order to shut down its power plant in Hirakud in Western Orissa was given following a breach in its ash pond causing severe crop damage in the nearby areas. This order will result in the company shutting down its 367 mw power plant which was used
Indian stocks to watch-Aug 21
in.reuters.com
[Reuters India] - (Economic Times) here * Odisha's pollution control board has ordered Hindalco Industries to shut its captive power plant near Hirakud after chemicals from its breached ash pond damaged crops in the adjoining areas. (Economic Times) here * Mangalore
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