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Reputation: 642,681  •  Oct 19, 2023 12:01 AM
Simultaneous e-auctions for other mining sites were going on and there was technical glitch: SC
Simultaneous e-auctions for other mining sites were going on and there was technical glitch: SC
The Supreme Court has dismissed Jindal Steel & Power Ltd's appeal to stop the development of the Chhendipada coal mine in Odisha. Rungta Sons, the highest bidder in an e-auction of commercial coal mines, was granted the coal block. JSPL claimed that technical glitches on the MSTC portal prevented them from submitting a higher bid. However, the court upheld the Delhi High Court's decision and rejected JSPL's petition.
The Economic Times

https://economictimes.indiatimes.com/industry/indl-goods/...
#RTNPOWER #JINDALSTEL

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NSE:JINDALSTEL price when posted: 683.45