Delhi HC raps Jharkhand govt, asks Centre to refund Adani Power bank guarantee
The Delhi High Court on Thursday rapped Jharkand government for failing to respond to a petition pertaining to Jitpur coal block and ordered the Centre to refund the bank guarantee of Adani Power (Mundra) Limited within a week of finalisation of the new auction.
Adani Power had approached the court last year against the Centre’s decision to encash the Performance Bank Guarantee.
On September 29 last year, the court had restrained the authorities from taking coercive action against the company, which had argued that under leasehold agreement, forest land and unrequited private land was given to it by the Jharkhand government for mining purposes.
