Arbitration India

NHAI Awarded Rs 1,202 Crore in Arbitration Against IRB

Published 2026-06-29 1 source Arbitral Award Arbitration Contractual Disputes India Infrastructure Disputes India

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TL;DR

  • NHAI secured a Rs 1,202 crore arbitration award.
  • The dispute concerned unpaid premium and revenue share.
  • The opposing party was IRB.
  • The matter was resolved through arbitration.

Overview

The National Highways Authority of India (NHAI) has been awarded Rs 1,202 crore in an arbitration proceeding against IRB relating to claims for unpaid premium and revenue share.

What Happened

According to a report, NHAI pursued arbitration against IRB due to disagreements regarding the payment of premium and revenue share as part of their highway project arrangements.

The arbitral tribunal ruled in favor of NHAI, awarding the authority Rs 1,202 crore.

This award addresses NHAI's claim concerning the specified unpaid amounts from IRB.

Context

NHAI frequently enters into agreements with private parties such as IRB for highway construction and operation, often involving revenue-sharing or premium payment arrangements.

Disputes over payment terms in such agreements may be resolved through arbitration if not settled through negotiation.

Why It Matters

  • The arbitral award provides NHAI with significant monetary compensation.
  • It addresses longstanding issues regarding contractual payments in infrastructure projects.

Sources

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