Legal24 Nov 2024, 12:20 am
Chennai Petroleum Faces Rs. 73 Crore Penalty for Ennore Oil Spill
AI Summary
Chennai Petroleum Corporation Ltd. has received a show cause notice from the Tamil Nadu Pollution Control Board (TNPCB) regarding the Ennore oil spill caused by the Michaung Cyclone in December 2023. The TNPCB has proposed a penalty of Rs. 73,68,00,906/- for socio-economic and environmental damage. The company will contest both the IITM report and the proposed compensation. No communication has been received by CPCL from TNPCB yet, but they will examine it legally and keep the exchange informed of further developments.
Key Highlights
- Chennai Petroleum has received a show cause notice from TNPCB regarding the Ennore oil spill.
- TNPCB has proposed a penalty of Rs. 73,68,00,906/- for socio-economic and environmental damage.
- The company will contest both the IITM report and the proposed compensation.
- No communication has been received by CPCL from TNPCB yet.
- CPCL will examine the show cause notice legally and keep the exchange informed of further developments.