Bhubaneswar: Tata Steel faces a financial challenge in Odisha after local authorities made a demand of Rs 2,411 crore.

The office of Deputy Director of Mines, Jajpur, has sent the demand letter to Tata Steel over an alleged shortfall in chrome ore dispatch from its Sukinda Chromite Block for the fifth year of operations, spanning July 23, 2024, to July 22, 2025. ADVERTISEMENT

Officials have alleged that the company did not meet dispatch obligations at its Sukinda mine under the Mine Development and Production Agreement. Under Rule 12A of the Minerals Concession Rules, 2016, authorities have included both the shortfall’s asserted sale value and the appropriation of performance security, reported CNBC TV18.

Tata Steel, however, has questioned the legitimacy of the claim and said it has s

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