TARAPORE & COMPANY vs NATIONAL THERMAL POWER CORPORATION LTD.

$~J * IN THE HIGH COURT OF DELHI AT NEW DELHI Judgment reserved on: 20.12.2025 Judgment pronounced on: 12.05.2026 + CS (OS) 1499/2008 TARAPORE & COMPANY ....Plaintiff Through: Ms. Priya Kumar, Sr. Adv. with Ms. Neelampreet Kaur, Adv. versus M/S NATIONAL THERMAL POWER CORPORATION LTD. ....Defendant Through: Ms. Kanika Agnihotri, Adv. OMP 408/2008 M/S NATIONAL THERMAL POWER CORPORATION LTD. ....Petitioner Through: Ms. Kanika Agnihotri, Adv. versus M/s TARAPORE & CO., ENGINEERS & CONTRACTORS ....Respondent Through: Ms. Priya Kumar, Sr. Adv. with Ms. Neelampreet Kaur, Adv. CORAM: 1. These are two petitions challenging the Arbitral Award dated 14.03.2008. M/s Tarapore and Co. 1 was the claimant before the Arbitrator whereas National Thermal Power Corporation 2 was the respondent and Counter Claimant before the Arbitrator. 2. NTPC has preferred O.M.P. No. 408/2008 under Section 34 of the Arbitration and Conciliation Act, 1993 challenging the Arbitral Award to the extent of allowing of Claim Nos. 1(ii), 2, 3 and 4 raised by the Tarapore Co. and to the extent of rejection/partially allowing of Counter Claim Nos. 2, 3, 4, 6 and 8 raised by NTPC. On the other hand, Tarapore has preferred C.S