Rejecting the National Highways Authority of India’s (NHAI) contention against an arbitral tribunal award, the Delhi High Court has asked the state-run agency to pay a sum of nearly Rs 143 crore to PNC Infratech Limited within eight weeks for causing delay in the widening of National Highway 24 between Garhmukteshwar and Moradabad.
NHAI had in 2005 signed a contract with a joint venture of PNC Infratech Limited and Bhageeratha Engineering Limited (BEL) for widening of NH-24 between Garhmukteshwar and Moradabad as well as construction of a Road-Over-Bridge (ROB) for a total cost of Rs 221 crore. The project was

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