Electrosteel Castings Ltd Receives Partial Final Compensation Order of Rs. 253.04 Crores for Parbatpur Central Coal Mine

Electrosteel Castings Ltd has received a Final Compensation Order (Partial) from the Nominated Authority, Ministry of Coal, Government of India, in respect of compensation towards GR cost and hard cost components of Shafts and Inclines, of Parbatpur Coal Mine. The compensation amount is Rs. 253.04 Crores. However, the final determination of the total amount w.r.t. Land and soft cost components of Shafts and Inclines is still pending. An amount of Rs. 34.56 Crores claimed towards preparation of updated GR, has been left to be mutually settled between JSW and ECL, after verification by CMPDI.