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No raids were conducted at Sarda Mines; it was a routine inspection: JSPL
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No raids were conducted at Sarda Mines; it was a routine inspection: JSPL
Oct 28, 2020 7:35 AM

Private steel maker Jindal Steel and Power Ltd (JSPL) on Wednesday said no raids were conducted at Sarda Mines and it was a routine inspection.

In an interview to CNBC-TV18, VR Sharma, managing director, said the company has not started transporting ore from Sarda Mines yet.

"We have sent a request letter to the Director-Mines and to the secretary, and hopefully we should get the clearance today. We have not received any letter from any of the authorities and whatever letters issued to Sarda Mines, the company will reply to it," Sharma said.

Further, he said, "There is no risk to the inventory at Sarda Mines. We have 7.5 million tonne inventory there."

Sharma said there is no time limit on how long JSPL will take to lift 7.5 million tonne inventory from Sarda Mines.

For more, watch the video.

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