Reliance Infrastructure ordered to pay ₹494 crore in EPC contract dispute with APCPL
Dec 21, 2024•7 months ago
Contract Type
contract
It Infrastructure
Description
Reliance Infrastructure Ltd has been ordered to pay ₹494 crore, along with interest, following an arbitral award in a dispute with Aravali Power Company Private Ltd (APCPL) over an EPC contract. The company plans to challenge the award through appropriate legal proceedings to safeguard its interests.
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