SPML Infra has won Rs 47.50 crore Arbitration Award against Jharkhand Urja Utpadan Nigam. The need for the arbitration arose due to cost over-run during construction, delayed payment, and additional expenses incurred due to delay and claims of the company were upheld by the Arbitrator. Jharkhand Urja Utpadan Nigam will have to pay interest of … Read more
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