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Expect 40% Reduction In Interest Cost: Patel Engineering

PUBLISHED ON: September 6, 2016 | Duration: 5 min, 27 sec

   
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Rupen Patel, managing director at Patel Engineering, says the company's annual interest costs may decline to Rs 300 crore compared to Rs 500 crore earlier, after repayment of debts using arbitral awards.
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