NATIONAL HIGHWAY AUTHORITY OF INDIA vs GMR HIGHWAYS LTD

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 28.04.2026 Judgment pronounced on: 06.05.2026 + O.M.P. (COMM) 263/2018 & I.A. 3084/2023 NATIONAL HIGHWAY AUTHORITY OF INDIA .....Petitioner Through: Mr. Arun Kumar Varma, Sr. Adv. with Mrs. Asha Gopalan Nair, Mr. Sandeep Narain & Ms. Nivedita Nair, Advs. versus GMR HIGHWAYS LTD .....Respondent Through: Mr. Rajshekhar Rao, Sr. Adv. with Ms. Richa Kapoor, Mr. Kunal Anand, Ms. Aditi Rathore & Mr. Wamic Wasim Nargal, Advs. CORAM: HON'BLE MR. JUSTICE AVNEESH JHINGAN JUDGMENT 1. This petition is filed under Section 34 of the Arbitration and Conciliation Act, 1996 (for short „the Act‟) against the arbitral award dated 24.02.2018 (for brevity „the award‟). 2. The brief facts are that the Government of India through the petitioner/National Highways Authority of India (for short „NHAI‟) invited bids for development of the stretch of National Highway from 28 km to 121 km of Tambaram-Tindivanam section of NH-45 in Tamil Nadu. The respondent through a consortium was a successful 2001. In terms of the proposal, the consortium incorporated a special purpose vehicle i.e. the respondent for implementing the project. The Concession Ag