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Delhi HC upholds order directing GAIL to pay $7.2 mn to Saw Pipes

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The Delhi High Court has ruled in favor of Jindal Saw Ltd in a long-standing dispute with GAIL (India). The court upheld a 2002 arbitration award that obligated GAIL to pay $7.2 million plus interest to Jindal Saw. The dispute stemmed from a 1994 contract for a gas pipeline project.

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