Lanco Infra dragged to court in Australia by Multinational Perdaman Industries seeking a A$3.5 billion compensation for not complying with coal supply pact.
For its upcoming urea plant, Perdaman had entered into a 25-year coal supply pact with Griffin Coal, which was acquired by diversified group Lanco for A$730 million in March 2011.
For its upcoming urea plant, Perdaman had entered into a 25-year coal supply pact with Griffin Coal, which was acquired by diversified group Lanco for A$730 million in March 2011.
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