New Delhi, July 13 -- Ashok Leyland has won an arbitration award of Rs 222.65 crore, along with interest and legal costs, in its long-running dispute with the Delhi Transport Corporation (DTC), while the arbitral tribunal has rejected DTC's entire counterclaim against the commercial vehicle maker, according to a stock exchange filing.

The company informed the exchanges that the dispute arose after it supplied buses to DTC between 2009 and 2011 under contracts awarded through a tender process.

"Ashok Leyland Limited ("AL") had supplied buses to Delhi Transport Corporation (DTC) between years 2009-2011 against a tender invited by DTC. In pursuance of the contracts with DTC, AL had raised certain claims for which AL had initiated arbitrati...