Sterlite Announces Successful Boiler Light-up of First 600 MW Unit of its 2400MW Power Plant at Jharsuguda, Orissa
June 30 2010 - 3:07AM
Business Wire
Sterlite Industries (India) Limited (“Sterlite”) today announced
that its wholly owned subsidiary Sterlite Energy Limited has
successfully lighted the boiler for the first unit of 600 MW (the
“First Unit”) of the 2,400 MW (600 MW *4) thermal Independent Power
Plant in Jharsuguda, Orissa. Following the boiler light up,
commercial operation is expected to commence in September 2010.
This is the first 600 MW power unit in the private sector in
India.
About Sterlite Industries
Sterlite Industries is India's largest non-ferrous metals and
mining company with interests and operations in aluminium, copper,
zinc and lead and power. It is a subsidiary of Vedanta Resources
plc, a London-based diversified FTSE 100 metals and mining group.
Sterlite Industries' main operating subsidiaries are Hindustan Zinc
Limited for its zinc and lead operations; Copper Mines of Tasmania
Pty Limited for its copper operations in Australia; and Bharat
Aluminium Company Limited for its aluminium operations. The company
operates its own copper operations in India. The company has
entered the commercial energy generation business and is in the
process of setting up a 2,400MW independent power plant through its
wholly owned subsidiary, Sterlite Energy Limited. 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.
Disclaimer
This press release contains “forward-looking statements” – that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as “expects,” “anticipates,” “intends,” “plans,” “believes,”
“seeks,” “should” or “will.” Forward–looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets including the London Metal Exchange, fluctuations in
interest and or exchange rates and metal prices; from future
integration of acquired businesses; and from numerous other
matters. of national, regional and global scale, including those of
a political, economic, business, competitive or regulatory nature.
These uncertainties may cause our actual future results to be
materially different that those expressed in our forward-looking
statements. We do not undertake to update our forward-looking
statements.
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