Orissa High Court dismisses Vedanta’s plea for supply of bauxite at price as per 2004 deal
The Orissa High Court has dismissed a petition by Vedanta Aluminium Limited seeking bauxite supply at 2004-agreed prices. The court found no merit in the company's claim of promissory estoppel, noting that the company had previously accepted the state's new pricing regime.
Why it matters
This ruling impacts large-scale industrial investments and clarifies the limits of state-backed assurances in long-term commercial agreements.
The Orissa High Court on Thursday (October 1, 2026) dismissed Vedanta Aluminium Limited’s plea seeking a direction to the Odisha government to make 150 million tonnes of bauxite available at the price agreed upon in 2004. Based on the assurance of a guaranteed supply of the raw material, the company had made massive investments, it claimed in the petition.
A Division Bench of the High Court, comprising Chief Justice Harish Tandon and Judge Murahari Sri Raman, dismissed the writ petition by the Vedanta group after having found no merit in it.
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