Vedanta arm Talwandi Sabo Power faces Rs 127 crore penalty
New Delhi: Vedanta Ltd has said that its subsidiary Talwandi Sabo Power Ltd (TSPL) has been held liable to pay approximately Rs 127 crore, plus applicable late payment surcharge, to Punjab State Power Corporation Ltd (PSPCL) following a Supreme Court judgment. In a regulatory filing on Thursday, Vedanta said the Supreme Court has set aside the judgment passed by the…
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