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Cairn Energy chief executive officer Simon Thomson is set to visit India next week.

Cairn Energy Plc CEO Simon Thomson has said he expects to meet Finance Minister Nirmala Sitharaman next week in an attempt to get India to swiftly' honour a $1.4 billion tax verdict. Last month, the Edinburg-based firm had written to the government saying it would be forced to seize Indian government assets if New Delhi fails to pay it $1.4 billion after losing a bitter dispute over retrospective taxes. "Cairn Energy CEO Simon Thomson is looking forward to meeting the Government of India Finance Minister in Delhi next week," the company tweeted with a video of the chief executive urging a s...

The agreement is now expanded to August 2022 and will continue to make vaccines at CP Pharmaceuticals, a subsidiary of the company in Wrexham, North Wales

This is yet another attempt by Cairn to mount pressure on the government to honour the award. Last month, Cairn wrote to the Indian government, seeking clarity on this ahead of the company's earnings release on March 9. In its letter, the company also warned that it had put in place necessary preparations to enforce the award against Indian assets overseas.

Finance ministry officials said the Finance Minister had not given him any appointment time yet