Vedanta has put Sterlite Copper plant in Tamil Nadu on the block. The plant’s shutters were pulled down by the Tamil Nadu government in May 2018 after more than a dozen people protesting against its expansion were killed in police firing in the same month. Flagship company Vedanta has put out an advertisement inviting interests from potential buyers for the plant. The last date to submit the expression of interest is July 4. Vedanta has listed the copper plant’s annual capacity at 4 lakh tonnes in the advertisement.“ The Tuticorin plant produces approximately 40% of India’s demand for copper and contributes around Rs 2,500 crore to the exchequer, 12% of Thoothukudi port’s revenue, 95% market share of sulphuric acid in Tamil Nadu, direct employment to 5,000 people and another 25,000 indirectly through the value chain” as per the advertisement.Following the development, shares of Vedanta fell nearly 13% on the BSE to Rs 230 on Monday. Besides the copper unit, the sale proposal also includes the oxygen generation units, a captive power plant and residential homes housed in the Tuticorin complex. Vedanta has been trying to reopen the Tuticorin copper plant but the matter is pending before the SC. It had challenged the plant closure in the Madras HC. But the court declined its request to reopen the plant. Vedanta had argued in the SC that the lower court’s decision to keep the plant closed was a “retrograde step”. Sterlite Copper, claimed that it has lost more than Rs 4,000 crore since the closure of the plant. Vedanta has been evaluating opportunities to open a new copper plant in another Indian state and had invited interests from multiple state governments. It has been planning to have a 5 lakh tonne capacity copper unit.