×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Lafarge asked to meet additional conditions

Lafarge asked to meet additional conditions
Comment E-mail Print Share
First Published: Fri, Apr 09 2010. 09 26 PM IST
Updated: Fri, Apr 09 2010. 09 27 PM IST
New Delhi: Attorney general G.E. Vahanvati on Friday informed a Supreme Court bench headed by Chief Justice K.G. Balakrishnan that Lafarge Umiam Mining Pvt. Ltd, has been asked to meet additional conditions, including the deposit of Rs55 crore towards net present value of forest land to be used for welfare projects for tribals to obtain environment clearance.
Lafarge, along with the Meghalaya government, will set up a special purpose vehicle to administer a fund for the development in the project area of 50km, solely for the local community and the welfare of tribals, he added.
The Supreme Court on 5 February, hearing a petition by 21 local tribals and the Shella Action Committee, a non-governmental organization, stayed the mining of limestone by Lafarge in Meghalaya.
Comment E-mail Print Share
First Published: Fri, Apr 09 2010. 09 26 PM IST