NEW DELHI: A Delhi court has closed a coal block allocation case registered by CBI more than a decade ago against Hindalco Industries and discharged the company and its former president and CEO S K Tamotia and former general manager (Corporate Affairs) PRS Mani, reports Koushiki Saha.Special judge (PC Act) Dheeraj Mor held that prima facie, no case of criminal breach of trust, cheating or criminal conspiracy was made out, and CBI failed to establish any illegality by the accused. The accused are entitled to be discharged as there is “neither any evidence on record nor any justifiable reason to infer that they entered into criminal conspiracy to commit any illegal act”, the court said in its May 30 order.The case related to the allocation of Talabira-I coal block in Odisha to Hindalco in 1994, with the FIR filed in Jan 2015. CBI alleged the company violated allocation conditions by using coal from the block in its existing 67.5 MW captive power plant at Hirakud instead of limiting its use to proposed power projects.CBI alleged that the company extracted 4.80 million tonnes of coal beyond its estimated reserves of 15 million tonnes, deriving undue gains. The court, however, found that the restriction cited by CBI was included in the original allocation letter but not in the mining lease executed between Odisha govt and Hindalco in 2003. It held that the mining lease governed the legal rights and rejected allegation of misleading representations.End of ArticleFollow Us On Social MediaVideosSaying ‘I Love Pakistan’ Is Okay For You?: Pawan Kalyan Slams Congress, Seeks Rahul’s ResponseSonam Wangchuk To Join Cockroach Janata Party’s Delhi Protest If Education Minister Doesn’t ResignWhere Are TMC Leaders? Only A Few MLAs, MPs Join Mamata As She Leads Kolkata DharnaNeighbourhood First 2.0? India Deepens Nepal-Myanmar Outreach As Amit Shah Reviews Border SecurityIndia Rejects EU-Pak Statement After J&K Reference Sparks Diplomatic Controversy1.5 Million Hits In 2 Minutes: CBSE’s Class 12 Re-Evaluation Portal Faces CyberattackCBSE Top Brass Transferred As Centre Orders Probe Into On-Screen Marking Tender Controversy’No Role For Any Third Parties’: India On Nepal PM’s Remarks On Border Encroachment, Britain Talks’Aligning With Traitor’: Mamata Slams TMC Rebels, Claims BJP Rigged Counting In 177 Bengal SeatsIndia Issues Formal Request To France For 114 Rafale Fighter Jets In ₹3.25 Lakh Crore Defence Deal123Photostories5 national parks in the USA perfect for wildlife lovers and the best time to visit themKatrina Kaif’s ‘Uncha Lamba Kad’ outfit is trending again after the revamped version starring Disha Patani went viral for all the wrong reasonsThese Zodiac Signs Are Destined for a Powerful ComebackRags to Riches stories of Hollywood: Dwayne ‘The Rock’ Johnson to Robert Downey Jr.Tennis legend Serena Williams’ $10 million Florida mansion is a luxury retreat with a secret karaoke room, infinity pool but no tennis courtSetting up your living room? The 3-5-7 rule interior designers don’t want you to knowHow to remove a suntan naturally? Try these dal face packs for clear, glowing skin8 ‘just Indian girl things’ that sound strange but make complete sense at home6 fruit peels you should stop throwing away and whyMeet Calmaria Incredibilis: The two-headed snake from China that fooled scientists for years until DNA proved it!123Hot PicksWho was Henry NowakKarishma VijayChloe KimSuryakumar YadavBalen ShahJustin GaethjeJacob BethellTop TrendingPunjab Student SuicideDelhi ITO FireWWE Clash Results and HighlightsDelhi Mukundpur LPG BlastRUHS CUET 2026 resultSupreme CourtIPL Awards Full ListBSEB Bihar Sakashmta Pariksha Admit CardNTAJIPMAT 2026 admit card
NEW DELHI: A Delhi court has closed a coal block allocation case registered by CBI more than a decade ago against Hindalco Industries and discharged the company and its former president and CEO S K Tamotia and former general manager (Corporate Affairs) PRS Mani, reports Koushiki Saha.Special judge (PC Act) Dheeraj Mor held that prima facie, no case of criminal breach of trust, cheating or criminal conspiracy was made out, and CBI failed to establish any illegality by the accused. The accused are entitled to be discharged as there is “neither any evidence on record nor any justifiable reason to infer that they entered into criminal conspiracy to commit any illegal act”, the court said in its May 30 order.The case related to the allocation of Talabira-I coal block in Odisha to Hindalco in 1994, with the FIR filed in Jan 2015. CBI alleged the company violated allocation conditions by using coal from the block in its existing 67.5 MW captive power plant at Hirakud instead of limiting its use to proposed power projects.CBI alleged that the company extracted 4.80 million tonnes of coal beyond its estimated reserves of 15 million tonnes, deriving undue gains. The court, however, found that the restriction cited by CBI was included in the original allocation letter but not in the mining lease executed between Odisha govt and Hindalco in 2003. It held that the mining lease governed the legal rights and rejected allegation of misleading representations.
