KUALA LUMPUR: TENAGA NASIONAL BHD [] has been awarded RM10.16 million in its counterclaim against Prai Power Sdn. Bhd.
Tenaga said on Thursday, Oct 7 that it was notified by the Kuala Lumpur Regional Centre for Arbitration that the tribunal had dismissed Prai's claim of RM11.86 million, except for RM2.35 million which is allowed together with interest.
The tribunal also dismissed Prai's claim of RM102.95 million and the alternative claim of RM51.58 million.
It allowed Tenaga's counterclaim amounting to RM12.70 million in substantial part and Prai would have to pay RM10.16 million together with interest.
Tenaga said on Thursday, Oct 7 that it was notified by the Kuala Lumpur Regional Centre for Arbitration that the tribunal had dismissed Prai's claim of RM11.86 million, except for RM2.35 million which is allowed together with interest.
The tribunal also dismissed Prai's claim of RM102.95 million and the alternative claim of RM51.58 million.
It allowed Tenaga's counterclaim amounting to RM12.70 million in substantial part and Prai would have to pay RM10.16 million together with interest.
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