Reliance Infrastructure won Arbitration award of Rs 350 crore, including interest, against Government of Goa. The matter went into arbitration when Goa state utility delayed payments to Reliance Infrastructure for power supplied from its 48 MW-Goa Power Plant in Sancoale. The Arbitration Tribunal, on February 16 2018, had ordered the Government of Goa to pay…
Reliance Infrastructure Ltd. has won a major Arbitration Award of Rs. 1,250 crore against Damodar Valley Corporation (DVC), a Government of India undertaking. A three-member Arbitration Tribunal unanimously gave the award in favor of Reliance Infrastructure on December 21, 2019. Reliance Infrastructure was the Engineering and Construction contractor for Damodar Valley Corporation’s 2 x 600…