Coal India’s subsidiary Mahanadi Coalfields may reportedly face a penalty of over Rs 20,000 crore following a Supreme Court order that rendered illegal all mineral production in violation of environmental laws.
The Odisha government is evaluating the company’s liability after the top court in its August 2 verdict ordered the state to recover the value of all minerals produced without or in excess of caps under environment, forest laws, pollution control rules and mining plans.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
