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Home/Markets/Commodities/Tata Steel Faces ₹1755 Cr Demand for Exc…

Tata Steel Faces ₹1755 Cr Demand for Excess Coal Mining

Commodities
By ThePip Desk•
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A man in a suit reviews documents at a cluttered desk, with a coal mine and machinery visible through a window.

Executive reviews documents at desk overlooking a coal mine.

Key Highlights

Tata Steel receives a ₹1755 Cr demand notice from Jharkhand mining authorities for allegedly extracting excess coal from its West Bokaro Colliery between FY2001-2007.

Tata Steel has been issued a demand notice of Rs 1,755.10 crore by the District Mining Office in Ramgarh, Jharkhand, alleging excess coal extraction. The notice pertains to alleged excess extraction of over 1.62 crore metric tonnes of coal from its West Bokaro Colliery.

The demand notice cites the period between FY2000-01 and FY2006-07. The grounds for the notice are reportedly similar to those in a Supreme Court ruling concerning illegal mining activities.

JharkhandSupreme CourtTata Steel