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Jindal's investment in lost mines faces uncertain future

Delhi HC has given 4 weeks to JPL to take a decision on the infrastructure attached to these mines

A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. Photo: Reuters

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A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. <b>Photo: Reuters</b>

Shreya Jai New Delhi

Last Updated : Mar 25 2017 | 10:39 PM IST

The loss of two coal blocks for the second time following a Delhi High Court judgement last week has put the investments of Jindal Power Limited (JPL) under stress. The company could lose around Rs 170 crore invested in the coal washery and a conveyor belt associated with the Gare Palma-IV/2&3 coal block in Jharkhand.

The government has decided not to set up any committee to take a decision on the matter. The high court had asked the government to consider setting up a committee for overseeing operations at the mines. "No committee is needed for this. The HC has

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