You are here: Home » News-CM » Companies » News
Business Standard

Om Metals Infraprojects gets arbitration award of Rs 5.17 crore

Capital Market 

In matter related to contract for NTPC's Koldam Power Project

announced that in the arbitration matter between Om Metal Infraprojects vs. relating to the hydro-mechanical works contract being executed by Om Metals for NTPC's Koldam Power Project at Barmana, Dist. Bilaspur, - the 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.)

First Published: Tue, January 09 2018. 16:40 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU