In matter related to contract for NTPC's Koldam Hydro Power ProjectOm Metals Infraprojects announced that in the arbitration matter between Om Metal Infraprojects vs. NTPC relating to the hydro-mechanical works contract being executed by Om Metals for NTPC's Koldam Hydro Power Project at Barmana, Dist.
Bilaspur, Himachal Pradesh - the Arbitration Tribunal awarded a principal amount to be around Rs 5.17 crore towards the company's various claims. The said amount also bears interest @9% from the date of dispute to the actual date of payment which is estimated at around Rs 2.5 crore.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)