Sterlite Copper places safety check points to trace trucks carrying copper anodes

Top Quote Sterlite Industries India Limited is the principal subsidiary of Vedanta Resources plc, a diversified and integrated FTSE 100 metals and mining company, with principal operations located in India. End Quote
  • (1888PressRelease) December 09, 2012 - Tuticorin: Sterlite Copper has commenced operation of safety check pointsoffices over a stretch of 750 km between Namakkalin TamilnaduandJhalki in the Bijapur district of Karnataka, to ensure safety of the trucks that pass through this area carrying copper anodes to Silvassa and finished products to Indore and Jaipur.

    In a function held recently at Rasipuram, Mr.K.Nallathambi, President, Tamil Nadu State Lorry Owners' Association inaugurated the first safety point at Rasipuram in the presence of Mr.P.P.Markhs, Head - Logistics, Sterlite Copper. The aim of the initiative is to strengthen the tracking and safety system of each vehicle which passes the hijack prone stretch of 750 km.

    "Eight safety points have been placed between Namakkal and Jhalki which covers 750 kms. A team will be present at all the safety points on a 24*7 basis to check whether the vehicles carrying the anodes report at all the safety points," Mr.P.P.Markhs said. He also added that if any problem arises between two check points, the team present in the check points will move towards each other to check the whereabouts of the vehicle. The initiative was taken by Sterlite in addition to placing of GPS devices, in order to reduce the response time, in case of any untoward incidents in this stretch.

    Speaking at the function, Mr.K.Nallathambi thanked Sterlite for showing care towards the truck owners and drivers. He also added that he hoped the safety points would prevent happening of such untoward incidents in future.

    Mr.Subburaj, President, Thoothukudi City Lorry Booking Agents Association and Mr.Harsh Gandhi, Chartered Logistics Limited were also present during the event.

    Photo Cut Line: Mr.K.Nallathambi, President, Tamil Nadu State Lorry Owners' Association speaking during the inauguration of one of the safety points at Rasipuram.

    For further information, please contact:

    L.N.Balakrishnan
    Head - Public Relations
    Sterlite Copper ln.balakrishnan ( @ ) vedanta dot co dot in
    Tel: +91 461 424 2926

    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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