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JSW Steel gets relief in ₹2,169 crore mining dispute: What was the case and what Orissa HC ruled

JSW Steel gets relief in ₹2,169 crore mining dispute: What was the case and what Orissa HC ruled

·Excerpt
JSW Steel gets relief in ₹2,169 crore mining dispute: What was the case and what Orissa HC ruled
Image: FILE PHOTO: The logo of JSW is seen on the company's headquarters in Mumbai, India, on February 11, 2016. Indian conglomerate JSW Group, whose businesses range from power to steel and cement, is looking to buy debt-laden port assets in the country as part of a strategy for a massive expansion of its

JSW Steel on Sunday, October 18, said the Orissa High Court had quashed a penalty of ₹696 crore imposed by the mining authorities in Joda, Odisha. The court also set aside a separate demand of ₹1,473 crore and directed the authorities to reconsider the matter, according to a report by CNBC TV 18.In an exchange filing on Sunday, the company said the court concluded hearings and delivered its judgments on October 16, 2026. The rulings came in response to separate…

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