SC rejects JSPL plea to sell illegally extracted iron ore
The Supreme Court on Tuesday refused to allow Jindal Steel & Power to sell and transport 12 million tonne of illegally-extracted iron ore worth Rs 2,000 crore from Sarda mines in Odisha.
A Bench led by Justice S Abdul Nazeer while refusing interim relief said: “Sarda is mined illegally. How can we allow it…just because its sold to you (JSPL).” It posted the case for further hearing in the second week of January.
JSPL opposed sale of iron ore by banks, saying the iron ore belonged to it and it should be allowed to consume and transport it from the current location, which is Sarda Mines.
