Sterlite has suggested that the majority share of 49 per cent of SPV should be with it, 26 per cent with the Orissa government and 25 per cent with OMC. In November 2007, the bench had declined permission to Vedanta Alumina, the local unit of London-listed Vedanta Resources to mine bauxite, but had opened door for its another Indian associate Sterlite to extract the mineral in collaboration with the state government subject to certain conditions.
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