Vedanta Ltd has been part of some major developments, such as arbitration cases and power project contracts. These are the major highlights:
Arbitration Jurisdiction: The Supreme Court has noted that it has jurisdiction to appoint a third arbitrator in Vedanta Ltd disputes, highlighting the role of the court in ensuring equitable arbitration proceedings.
Dispute Settlement: Disputes which arose in 2015 were resolved in 2016, demonstrating Vedanta's capability of solving conflicts effectively.
Power Project Agreements: Talwandi Sabo Power Limited (TSPL), a subsidiary of Vedanta Resources, has entered into agreements with SEPCO for a thermal power project. TSPL runs a 1980 MW supercritical thermal power generation facility in Punjab, India.
Source: Economic Times, Business Standard, India Today