GHCL’s Gujarat soda ash project gets NGT relief as three appeals are dismissed
Author: CNBC-TV18 Markets·
Key Takeaways
- •The National Green Tribunal dismissed three appeals against GHCL Ltd’s Gujarat soda ash project.
- •The ruling removes a pending legal challenge involving the project.
- •Soda ash manufacturing is typically subject to environmental clearances related to land, water and emissions.
- •GHCL Ltd shares closed at ₹442.35 on the BSE on Friday, August 21, down 0.15%.
GHCL Ltd’s Gujarat soda ash project has received relief from the National Green Tribunal (NGT) after three appeals against the project were dismissed.
The order removes a pending legal challenge around a project in a sector that is closely watched for its environmental approvals and compliance requirements, since soda ash manufacturing typically involves land, water and emissions-related clearances. With the appeals dismissed, attention now shifts back to the project’s regulatory status and execution timeline, rather than the litigation itself.
On Friday, August 21, shares of GHCL Ltd closed at ₹442.35 on the BSE, down ₹0.65, or 0.15%.
