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HIGHWAY DISPUTES ARBITRATION
Banks want arbitration restored for infra disputes above ₹10 croreBanks want arbitration back for big infrastructure disputes. They fear new rules will slow down payments and hurt sector funding. The gover...- NHAI settles arbitration claims in Panipat-Jalandhar Highway project casesThe National Highways Authority of India has successfully settled two major arbitration cases. An arbitral tribunal awarded NHAI Rs 819.96 ...
- BOT snub: Rs 22,000 crore highway projects fail to attract bidsPrivate companies are shying away from four major highway projects totaling ₹22,000 crore. Concerns over contract terms, especially dispute...
- Highway builders oppose move to end arbitration in ₹10 crore-plus disputes, seek clarity from FM SitharamanThe National Highway Builders Federation (NHBF) has opposed the road transport ministry’s decision to end arbitration for disputes involvin...
- National Highway builders ask Finmin to clarify arbitration orderThe National Highway Builders Federation has urged the finance ministry to clarify its order ending arbitration for highway projects. The f...
- Highway developers cry foul over move to end arbitration, call for time-bound dispute resolution mechanismsHighway developers are pushing back against the government's proposal to end arbitration for major road projects. They warn that removing t...
- Govt said to have ruled out arbitration for highway disputes above Rs 10 croreThe Union road transport ministry has removed arbitration for highway disputes exceeding Rs 10 crore, opting for conciliation or mediation ...
- IRB Infrastructure Trust wins Rs 1,720 crore arbitration awardYedeshi Aurangabad Tollway Ltd (YATL), a special purpose vehicle of IRB Infrastructure Trust, has won an arbitration award of Rs 1,720 cror...
- PE firm Xander Group to exit HCC’s concession arm“There will be no outstanding disputes or claims relating to these SPVs. However, HCC still has Rs 3,140 crore in pending arbitration award...
- NHAI settles arbitration claims worth over Rs 13,000 crore through conciliation“Till Now, 108 cases have been referred to CCIE and claims worth Rs, 13,349 crore have been successfully settled for an amount of Rs. 3,743...
- NHAI turns lockdown into opportunity to redress disputes worth Rs 80,000 croreSandhu and other top brass of the National Highways Authority of India (NHAI) have been on an inspection spree of projects, taking the bene...
- Over 300 arbitration cases with claims of around Rs. 80,000 crore pending with Highways Ministry: Nitin GadkariMain reasons of invocation of arbitration are compensation for delay in handing over of land, damages due to Change in Scope, loss incurred...
- SEW arm receives Rs 985 crore arbitration awardThe Hyderabad headquartered firm said the disputes arose owing to various delays in execution of the project that included lack of clearanc...
- Highway dispute resolution committee in a month: NHAI chief Y S MalikThe NHAI proposes to set up a conciliation committee of independent experts in the wake of huge dispute claims, Chairman Y S Malik said whi...
- NHAI looks to award highway projects of Rs 1 lakh crore in FY'17The government is focussing on accelerating road construction and has taken a number of steps to double the pace at which highways are buil...
- Half of NHAI's 600 contracts disputed, chief seeks remedyNHAI has 123 cases for a claim amount of more than Rs 25,000 crore pending before arbitration tribunals.
- NHAI overhaul process put on fast-track to get the sector back on trackThe committee, headed by former NHAI chairman Deepak Dasgupta, is expected to suggest ways for dispute resolution and better financial mana...
- NHAI settles disputes for Rs 10,550 crore projects with buildersThe development comes at a time when a whopping Rs 26,556 crore investment is embroiled in disputes between NHAI and road developers.
- NHAI dispute settlement panel resolves 124 claims at 10 per cent of the original costBuoyed by the success of the committee, which was set up in December 2012, the NHAI is now trying to bring highway developers on board for ...
- NHAI will spend Rs 3,000 cr in 2 years to settle claimsMost of these disputes involve engineering procurement and contract (EPC) projects that were awarded in 2005-06.
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