GPT Infraprojects Wins Rs 3.89 Cr Arbitration Award

GPT Infraprojects disclosed an arbitration award in favour of its JV, GPT-SMC, against Kolkata Municipal Corporation.
Sole Arbitrator Justice (Retd.) Shahidullah Munshi awarded Rs. 3.89 Crores to GPT-SMC JV for a Jetty and Water Pumping Station project.
The company confirmed no negative financial impact on its position from the arbitration settlement.