Reliance Infrastructure has filed arbitration claim of Rs 13400 crore before the Mumbai Centre for International Arbitration against Adani Transmission in relation to transfer of Mumbai Power Business to Adani Transmission. The financial implication cannot be ascertained and is contingent upon the final outcome of arbitration and subsequent legal challenges.
Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space such as Power, Roads, Metro Rail and Defence.
