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Supreme Court Allows Vedanta to bid for Alumina Tenders of NALCO

Metal News - Published on Wed, 15 Jan 2020

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A three-judge Supreme Court panel has allowed Vedanta to bid for alumina sale tenders by state-run National Aluminium Company Limited. If its bid is successful, the company the company can use the raw material at its Jharsuguda Odisha plant after picking it up from Visakhapatnam port

Last year, NALCO had challenged Odisha High Court’s decision allowing Vedanta to take part in the tenders for the sale of its surplus alumina. The lower court had accepted Vedanta’s argument that it was eligible to participate in the tenders as it operated from an export-oriented zone.

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Posted By : Rabi Wangkhem on Wed, 15 Jan 2020
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