DK Business Network
S&A Law Offices has successfully secured a ₹485 crore arbitration award on behalf of PNC Infratech Limited in a dispute with the National Highways Authority of India (NHAI). The award pertains to claims arising from delays, cost overruns, and contractual issues in a highway development project.
The arbitration proceedings revolved around the Nagina–Kashipur National Highway project in Uttarakhand, undertaken under a hybrid annuity model. PNC Infratech had sought compensation for delays in land acquisition, escalation in project costs, and extended project timelines.
The arbitral tribunal upheld several key claims raised by PNC Infratech, including those related to idle machinery, loss of productivity, and cost adjustments resulting from administrative delays. The ₹485 crore award is considered one of the significant wins in recent infrastructure-related arbitrations.
S&A Law Offices represented PNC Infratech in the matter, drawing on the firm’s expertise in construction and infrastructure dispute resolution. The decision highlights the continuing importance of arbitration as a mechanism for resolving large-scale infrastructure disputes in India.
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