News › Markets · 27 Aug 2026, 10:02 AM IST · 5 days ago

Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?

Bias: Neutral 0

In one line — Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital Partners over a Russian coal project dispute.

Bearish

Bullish

−10000 ●+100

Source: Economic Times · AI-summarised by Anadi · Updated 27 Aug 2026, 10:15 AM IST

What Happened

Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitration award in favour of Kleros Capital Partners over a Russian coal project dispute. Tata Power plans to appeal the ruling, with the company having 28 days to approach the Singapore Court of Appeal.