Tata Steel Seeks Rs 7.57 Billion Compensation for Cancelled Coal Block
POWER & RENEWABLE ENERGY

Tata Steel Seeks Rs 7.57 Billion Compensation for Cancelled Coal Block

Tata Steel has filed a petition in the Delhi High Court seeking compensation of ₹7.57 billion, along with interest, for the cancellation of the New Paratpara Coal Block in Odisha. The coal block, initially allocated to Bhushan Steel in 2006, was annulled by the Supreme Court in 2014 amid broader coal allocation irregularities. 

Tata Steel acquired Bhushan Steel through insolvency proceedings in 2018 and merged it in 2021. Under the Coal Mines (Special Provisions) Act, 2015, the company contends it is entitled to reimbursement for development expenses incurred prior to the cancellation. The High Court has issued notices to the Union of India, the Nominated Authority under the Ministry of Coal, and the Government of Odisha, scheduling the next hearing for 21 September 2025.

Tata Steel has filed a petition in the Delhi High Court seeking compensation of ₹7.57 billion, along with interest, for the cancellation of the New Paratpara Coal Block in Odisha. The coal block, initially allocated to Bhushan Steel in 2006, was annulled by the Supreme Court in 2014 amid broader coal allocation irregularities. Tata Steel acquired Bhushan Steel through insolvency proceedings in 2018 and merged it in 2021. Under the Coal Mines (Special Provisions) Act, 2015, the company contends it is entitled to reimbursement for development expenses incurred prior to the cancellation. The High Court has issued notices to the Union of India, the Nominated Authority under the Ministry of Coal, and the Government of Odisha, scheduling the next hearing for 21 September 2025.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?