BHEL challenges Prasad and Co arbitration award over INR 200.76 crore
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BHEL filed two petitions on 24 October 2025 before the Commercial Court, Bengaluru, seeking to challenge an arbitration award against Prasad and Co. The claim amount is INR 200.76 crore with interest. The court has not yet ruled on the petitions.
The outcome could affect recoveries linked to the disputed amount, but no court order or financial impact is confirmed.