Award23 Jul 2025, 01:13 pm
Orient Green Power Receives Rs. 9.31 Crore from Bank of Baroda as Per RBI Ombudsman Award
AI Summary
Orient Green Power Company Ltd has informed that its Material Subsidiary, Beta Wind Farm Private Limited, has received Rs. 9.31 crore from Bank of Baroda. This receipt is in compliance with the award given by the Office of the RBI Ombudsman, Thiruvananthapuram in the matter of Beta Wind Farm Private Limited vs. Bank of Baroda. This receipt is material in financial terms as it will increase the profitability for the current quarter and year by Rs. 9.31 crore.
Key Highlights
- Orient Green Power's subsidiary, Beta Wind Farm Private Limited, receives Rs. 9.31 crore from Bank of Baroda
- The receipt is in compliance with the award given by the RBI Ombudsman
- This receipt will increase the profitability for the current quarter and year by Rs. 9.31 crore