Legal29 Nov 2025, 01:41 pm
Sterling and Wilson Renewable Energy Awarded Additional USD 4.97 Million in Arbitration Case
AI Summary
Sterling and Wilson Renewable Energy Ltd. has announced that the Arbitral Tribunal has passed its Final Award in an arbitration case with Conti LLC. The tribunal granted an additional amount of USD 4.97 million (equivalent to approximately INR 44.45 crore) towards attorney's fees, costs, and expenses. This additional amount is in addition to the amount granted under the Interim Award plus interest.
Key Highlights
- Sterling and Wilson Renewable Energy Ltd. was involved in an arbitration case with Conti LLC
- The Arbitral Tribunal has passed its Final Award
- An additional amount of USD 4.97 million (equivalent to approximately INR 44.45 crore) was granted towards attorney's fees, costs, and expenses
- This additional amount is in addition to the amount granted under the Interim Award plus interest
- The case falls under the 'Legal' category