In May 2010, the Mackenzie Valley Environmental Impact Review Board (“Review Board”) approved an assessment report the company had submitted in March 2010.
The Review Board issued an updated work plan timetable for the environmental assessment process that indicates completion of review and hearings by the end of 2010, and a decision from the Review Board by March 2011.
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.
