Bhushan Power & Steel Ltd vs Rajesh Verma & Ors

The Supreme Court held that the State of Orissa must adhere to its commitments under the MOU dated 15.5.2002 and recommend the grant of iron ore mining leases to Bhushan Power and Steel Ltd. (BPSL) as per the directions given in C.A. No. 2790 of 2012. The Court set aside the High Court's dismissal of BPSL's writ petition and the State Government's decision rejecting the mining lease application, emphasizing the need for compliance with statutory obligations. The outcome mandates the State to facilitate the necessary approvals for BPSL's mining requirements.