Project News Details
Title
Govt cancels JSW Steel’s coal block agreement, forfeits Rs 100 cr guarantee for non-compliance
Detail
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.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Building Non-Renewable Energy Roads and Highways-Bridge Construction Computer Hardwares and Consumables Steel Building Material
Published Date
08.11.2024
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