{"id":262559,"date":"2019-03-06T05:07:16","date_gmt":"2019-03-06T05:07:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=262559"},"modified":"2019-03-06T05:07:16","modified_gmt":"2019-03-06T05:07:16","slug":"arbitration-charge-ntpc-to-explore-statutory-remedies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/arbitration-charge-ntpc-to-explore-statutory-remedies\/","title":{"rendered":"Arbitration Charge: NTPC to explore \u2018statutory remedies\u2019"},"content":{"rendered":"<p>Kolkata: Energy major NTPCNSE 0.44 % has decided to explore \u201cstatutory remedies\u201d relating to a Rs 2,015-crore arbitration charge slapped on it in a fuel-supply dispute against Jindal ITF (JITF). The charge, believed to be one of the largest-ever infrastructure arbitration awards, pertains to a dispute over transhipment of coal from the high seas for NTPC\u2019s Farakka power plant. <\/p>\n<p>\u201cWe are exploring the statutory remedies available to NTPC,\u201d an official spokesperson said. <\/p>\n<p>The final award was announced by a three-member Arbitral Tribunal, consisting of Justice Vikramajit Sen (Retd), Justice B P Singh (Retd) and Justice Anil Kumar (Retd) on January 27, 2019. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Energy major NTPCNSE 0.44 % has decided to explore \u201cstatutory remedies\u201d relating to a Rs 2,015-crore arbitration charge slapped on it in a fuel-supply dispute against Jindal ITF (JITF). The charge, believed to be one of the largest-ever infrastructure arbitration awards, pertains to a dispute over transhipment of coal from the high seas for NTPC\u2019s Farakka power plant. \u201cWe are exploring the statutory remedies available to NTPC,\u201d an official spokesperson said. The final award was announced by a three-member Arbitral Tribunal, consisting of Justice Vikramajit Sen (Retd), Justice B P Singh (Retd) and Justice Anil Kumar (Retd) on January [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-262559","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=262559"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/262559\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=262559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=262559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=262559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}