Corporate DisclosureGBBPOWER

GBBPOWER Corporate Disclosure — 4 February 2018

Published
Last verified by BullBD

Announcement summary

What happened
GBBPOWER published a corporate disclosure on 4 February 2018. Read the full announcement for details.
Company
GBB Power Ltd.
Announcement published

Original announcement

The Company has informed that the Arbitral Tribunal of Bangladesh Energy Regulatory Commission has disposed of the Litigation between GBB Power Limited & Pashchimanchal Gas Company (PGCL) on January 10, 2018 vide Order No. 1(1)/2015 which states the following: 1) The Claim on HHV by PGCL (Tk. 14,70,52,080.00) should be paid by GBB Power Limited in 20 equal installments; 2) interest on late payment of the bills (except between 28.10.2009 to 10.01.2018) to be paid (cont.)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616acef05a6b00004005d66c
Original publication
Last verified by BullBD
Translation
BullBD
Report incorrect information

Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.