PepsiCo to shell out more for water in Maharashtra
Submitted by rummykhan on Wed, 2011-09-14 21:52
On September 12, the Supreme Court dismissed an appeal filed by PepsiCo India, questioning increased water charges with retrospective effect from 2001. They must now clear Rs 70 lakh as arrears in water bills. A 2009, the Bombay High Court directive had upheld the Maharashtra government'ss decision to charge industries which use water as a raw material (soft drinks, mineral water) a higher rate (ten times the existing) with effect from September 2001. Against this decision, PepsiCo filed the appeal in the Supreme Court.
Mark Content Private(Internal):
External URL:
http://www.downtoearth.org.in/content/pepsico-shell-out-more-water-maharashtra
Main Type:
dte
Sep 14, 2011
Publication Date:
14/09/2011