BALCO has encroached 650 acres of land: Minister
By IANSTuesday, March 9, 2010
RAIPUR - Bharat Aluminium Company Ltd (BALCO) has encroached about 650 acres of government land at Korba town in Chhattisgarh, the state assembly was informed Wednesday.
“BALCO has illegally encroached about 650 acres of government land but Chhattisgarh High Court had recently given its rulings in favour of the BALCO. The state government is yet to take a view whether it should move the Supreme Court or not,” Revenue Minister Amar Agrawal told the assembly in reply to a question by Leader of Opposition Ravindra Choubey.
Vedanta Resources Plc, a London Stock Exchange listed company, has 51 percent stake in BALCO while the remaining 49 percent is held by the central government.
Korba is based some 240 km from state capital Raipur.
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