"112 cases involving Rs 25,398.76 crore are pending under arbitration between NHAI and contractors/concessionaires," Minister of State for Road Transport and Highways Pon Radhakrishnan said in written reply to a Lok Sabha question.
The Minister said NHAI has set up a high-level independent body for one time settlement of old cases pending in courts.
"NHAI has set up a high level independent settlement advisory committee (ISAC) under the chairmanship of former Justice, Delhi High Court for one time settlement of old cases pending with various courts of law," Radhakrishnan said.
Earlier, as part of corrective measures to boost the road sector, NHAI in a white paper had sought greater functional autonomy and empowerment to chart out its own course to achieve targets.
The white paper suggested "power to NHAI to carry out necessary changes in project documentation, adoption of market oriented delivery mechanism if market responds and alternate strategies for commercially non-viable projects and stretches which are critical in completion of grids.
