Business Standard

Indowind Energy wins arbitration claim against Suzlon Energy

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Capital Market

To receive Rs 20.74 crore along with interest

Indowind Energy has won the Arbitration claim against Suzlon Energy of Rs.20.74 crore with interest at 18% from 1 April 2015 till the date of payment of the aforesaid award amount.

On realization of the aforesaid award amount, the company plans to reduce its debts or add capacities to increase the bottom line.

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First Published: Aug 03 2017 | 6:39 PM IST

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