July 16, 2012 On Jul16/12, the Bolivian subsidiary of Jindal Steel & Power Ltd, terminated the contract signed with the Bolivian Government for investment of US$2.1 billion for the El Mutun mines. The termination comes in the wake of the issuance of a letter to the Govt. of Bolivia in June 8, 2012 conveying its intention to terminate the contract due to the non-fulfillment of contract conditions on the part of the Bolivian government.
June 30, 2012 Jindal Steel & Power Ltd. released its Quarterly report.
June 9, 2012 On 9 Jun/12, Jindal Steel & Power Limited announced by a letter to Gov. of Bolivia, its intention to terminate the contract for investment of US2.1 billion.