Profit

Govt unlikely to de-allocate Jitpur block: JSPL

PUBLISHED ON: September 13, 2012 | Duration: 11 min, 46 sec

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Shares in Naveen Jindal promoted Jindal Steel and Power have plunged 20 per cent since August 17 when the CAG report on coal was tabled in Parliament. Sushil Maroo, Director & Group CFO, JSPL told NDTV Profit that the coal block number estimated by CAG has ignored a lot of factors. "We have done a lot of work at the Jitpur block. The government is unlikely to de-allocate the same," he added.
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