Supreme Court issues notices to Centre, ONGC on appeal of Vedanta Ltd related to Barmer oil field in Rajasthan
2 years, 4 months ago

Supreme Court issues notices to Centre, ONGC on appeal of Vedanta Ltd related to Barmer oil field in Rajasthan

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Vedanta Ltd has moved the top court against the 26 March judgement of a division bench of the Delhi High Court setting aside a single judge order directing the Centre to extend till 2030 its PSC with Vedanta Ltd and ONGC to produce oil from the Barmer oil field New Delhi: The Supreme Court on Friday sought a response from the Centre on an appeal of Vedanta Ltd against a Delhi High Court verdict related to a production sharing contract of Vedanta and the ONGC to produce oil from the Barmer oil field in Rajasthan. Vedanta Ltd has moved the top court against the 26 March judgement of a division bench of the Delhi High Court setting aside a single judge order directing the Centre to extend till 2030 its PSC with Vedanta Ltd and ONGC to produce oil from the Barmer oil field. Issue notice, said a bench comprising Chief Justice N V Ramana and Justice Krishna Murari after hearing brief submissions from senior advocate Harish Salve, appearing for Vedanta Ltd. Earlier, the Centre had moved an appeal before a division bench of the high court against the judgement of a single judge bench directing it to extend till 2030 its PSC with Vedanta Ltd and ONGC to produce oil from the Barmer oil field.

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