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Orissa High Court Quashes and Remuds JSW Steel Mining Penalties
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CNBC TV18•18-10-2026, 15:32
Orissa High Court Quashes and Remuds JSW Steel Mining Penalties
- •JSW Steel announced that the Orissa High Court has quashed a ₹696 crore penalty levied by Joda mining authorities.
- •The High Court also set aside a separate ₹1,473 crore penalty and remitted the matter for re-evaluation.
- •The judgments were pronounced on October 16, 2026, following writ petitions filed by JSW Steel against the demand letters.
- •The penalties were related to the assessment of shortfall in the dispatch of minerals from the firm's Jajang Iron Ore Block.
Key Questions Answered
The Orissa High Court quashed a ₹696 crore penalty levied on JSW Steel by Joda mining authorities and set aside another ₹1,473 crore penalty for re-evaluation.
The demand letter was issued on September 6, 2021, regarding the assessment of a shortfall in mineral dispatches from the firm's Jajang Iron Ore Block for its first agreement year.
The high court concluded the hearings and pronounced its judgments disposing of the writ petitions on October 16, 2026.
