New Delhi, July 22 -- The Delhi High Court on Wednesday upheld the Central Government's decision rejecting Vedanta Limited's request for a 10-year extension of its Production Sharing Contract (PSC) for the CB/OS-2 offshore oil and gas block off the Gujarat coast.

The Court held that Vedanta became ineligible for an extension after it unilaterally deducted the Government's share of Profit Petroleum to recover the Special Additional Excise Duty, which it was itself liable to pay.

Justice Purushaindra Kumar Kaurav dismissed Vedanta's petition challenging the Ministry of Petroleum and Natural Gas's (MoPNG) order dated September 19, 2025, which rejected its extension request and directed ONGC to take over the block's assets and operations. T...