December 8, 2022
  • December 8, 2022

Indian Co. Wins $ 32 Million Prize for Rwanda Power Line Project

By on September 27, 2021 0


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By Diamond Naga Siu (September 27, 2021, 5:24 p.m. EDT) – Indian engineering and construction company Kalpataru Power Transmission Ltd. transmission line project linking the Democratic Republic of Congo and Rwanda.

An arbitral tribunal based on the rules of the United Nations Commission on International Trade Law awarded the award to Kalpataru Power in August, ruling that Rwanda Energy Group should pay the price adjustments of the Indian company. The decision echoes an earlier ruling by a dispute arbitration committee of the International Federation of Consulting Engineers.

Kalpataru Power Company Secretary Rajeev Kumar confirmed the award in …

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