India, May 8 -- The Government of India has issued a release:
Securing a significant arbitration win, NHAI successfully defended an arbitration matter related to the six-laning of the Kamrej-Chalthan section of NH-48 in Gujarat, leading to substantial savings of public funds. Against claims of around Rs. 174.49 crore raised by the contractor, the Arbitral Tribunal awarded only Rs. 54 lakh to settle the case, underscoring the importance of digital project monitoring, robust documentation and evidence-based contract management by NHAI.
The matter pertained to the National Highway project for widening of 15 km long Kamrej-Chalthan Section of NH-48 from four lane to six lane, that included implementation of long-term remedial measures for fou...