Mumbai: Vedanta Ltd has taken a final charge on its books on account of its shut Sterlite Copper plant and is exploring options to utilize the plant’s assets at its other locations after the Supreme Court dismissed the company’s special leave petition (SLP) to reopen the unit.While the company plans to file a review petition before the apex court, it has taken an impairment of ₹746 crore on its books during the January-March quarter. The residual value of the plant on its books is what can be “conservatively" realised through the sale of the assets, a top executive at the company said.

“We are exploring legal options. At the same time, we are at the drawing board to look at how the asset can be utilised at the rest of our facilities," Arun Misra, executive director of Vedanta Ltd, told Mint on Thursday.The equipment at the Thoothukudi-based plant, like sulphuric acid plant, phosphoric acid plant, among other things, can be utilized at Vedanta’s numerous other manufacturing locations, Misra said.

“It’s not very difficult to relocate the facilities and make the best use of it. We will first look at the legal options. If all roads are closed, we will of course use the asset wherever it adds the best value to our current business," he said.