Friday, November 8, 2024

Govt cancels JSW Steel’s coal block agreement, forfeits Rs 100 cr guarantee for non-compliance

The Ministry has also instructed IDFC First Bank to encash a Rs 100 crore bank guarantee submitted by JSW Steel as part of the contract’s security provisions, marking a significant move aimed at enforcing compliance within the coal sector.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/10dTfzj

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