Jaiprakash Power Ventures Limited - Announcement Of Material Event Pursuant To Regulation 30(4) Of SEBI (LODR) Regulations 2015

Ministry of Coal has, vide its letter dated 25th October, 2023, communicated the formulae for escalation for the first year of production and also for the subsequent years based on which escalated reserve price in respect of Amelia (North) Coal Mine, including arrears from FY 2015-16 to FY 2023-24, amounting to approx. Rs. 240.00 Crores plus applicable GST is payable to State Government.