'USD 200M payment to Tata if we hadn’t settled'
2 years ago
Planning Ministry said on Saturday that the state would have had to pay India’s Tata USD 200 million as compensation for termination of an agreement to develop luxury apartments, if the state hadn’t agreed to settle on two plots of land from Male’ and one from an uninhabited island instead.
Under an agreement signed during former President Mohamed Nasheed’s administration, Tata