www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShoppingTendersClassifieds OpinionsTravel Jobs
| Make this your homepage | Archive
Expressindia » Story

Tata Chemicals puts Tanzanian JV on hold

Font Size

Agencies

Posted: Oct 09, 2008 at 1521 hrs IST

New Delhi, October 9: Tata Chemicals, which had planned to set up a soda ash manufacturing plant, in joint venture with the Tanzanian government with an investment of around 500 million dollar, has decided to put the project on hold in the face of opposition from environmentalists.

"As far as we (Tata Chemicals) are concerned until they (Tanzania Government) come back to us, we are not coming (to Tanzania)," Tata Chemicals Vice Chairman R Gopalakrishnan said.

Tata Chemicals had formed a joint venture 'Lake Natron Resources Ltd' with the Tanzanian government for exploring the possibility of setting up a Soda-Ash manufacturing plant there which was opposed by environmentalists, who argued that the proposed plant may affect flamingos bird population there and affect the mineral balance of the Lake Natron.

The Tanzanian government responded to it by shifting the location of plant 35 kilometers away from the lakeshore but the move was again opposed by the environmentalists as it comes under the Ramsar wetland area.

"Tanzanian government invited us to come and prospect for soda ash in their Lake Norton Valley. So the joint venture was formed to investigate the possibility of doing so," he said.

Gopalakrishnan said Tata Chemicals would wait for the Tanzanian government to work on the opposition raised by environmentalists and get a clearance.

"Otherwise we are not coming," he added.

The plant was put on hold last year and the government asked the Natron Resources to produce an environment management plan and consider other sites for soda ash extraction. The company has appointed Noroconsult AS (Norway) to carry out a environmental and social impact study.

Ads by Google
Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Lapses in security: Antony seeks Navy to explain

FBI begins assessment into Mumbai terror attacks

Deshmukh offers to resign; Shinde likely successor

'We took Mumbai attack orders from Pakistan'

India summons Pak envoy, Rice tells Pak to co-operate

A glimpse of Nariman House cost them their lives

What's wrong with taking my son along? Asks Deshmukh

More
© 2008 Indian Express Newspapers (Mumbai) Ltd. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map