Centre takes Vedanta's Ravva award to SC
New Delhi, Nov. 2 -- The Union government has approached the Supreme Court, challenging a Delhi High Court order that allowed Vedanta Ltd and Ravva Oil (Singapore) Pvt Ltd to enforce foreign arbitration awards arising from a dispute over the Ravva oilfield, involving claims of $99 million.
According to the Supreme Court's cause list, a bench of Justices J.B. Pardiwala and Manmohan will hear the Centre's plea on Monday.
The Centre has challenged the Delhi High Court's 1 July 2026 judgement that rejected its objections to the enforcement of the awards. The high court also directed that bank guarantees furnished by Vedanta and Ravva Oil be released within eight weeks.
The dispute dates back to 1994, when the government entered into a productio...
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