SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Infrastructure wins arbitration award of Rs 350 crore from Government of Goa

27 Dec 2019 Evaluate

Reliance Infrastructure (RInfra) has won Arbitration award of Rs 350 crore, including interest, against Government of Goa. The matter went into arbitration when Goa state utility delayed payments to Reliance Infrastructure for power supplied from its 48 MW-Goa Power Plant in Sancoale. The proceeds will be used to pay lenders and reduce the debt of company. The company aims to be debt-free in 2020.

RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.

Reliance Infra Share Price

75.02 -3.94 (-4.99%)
04-May-2026 12:11 View Price Chart
Peers
Company Name CMP
NTPC 401.45
Tata Power 443.90
Adani Power 230.05
Power Grid Corp 320.75
Torrent Power 1719.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×