Delhi HC to hear case against JSPL on July 10

India Infoline News Service | Mumbai | July 07, 2015 15:16 IST

The case pertains to the Gare Palma coal block, which was won by JSPL in the coal block auctions, but was later cancelled by appointed to Coal India (CIL), as its custodian.

Delhi High Court has said that it will hear the case of Jindal Steel and Power (JSPL) in the coal block allocation case on July 10. The case pertains to the Gare Palma coal block, which was won by JSPL in the coal block auctions, but was later cancelled by appointed to Coal India (CIL), as its custodian.

The reason for the cancellation of these coal blocks was a suspected cartelisation. The Gare Palma IV 2 & 3 coal has an extractable reserve of 155.49 million tonne of coal with an annual production of 6 mtpa, that would have met the entire fuel need of the company's 1000 MW Tamnar power project from the mines. 
 

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