Bharat Heavy Electricals Ltd vs Tata Projects Ltd

The Supreme Court addressed the appeal concerning the award of crane hire charges and pre-Award interest under the Arbitration and Conciliation Act, 1996. The Court held that the Division Bench of the High Court erred in reversing the Single Judge's decision on crane hire charges, as the claim was substantiated by the relevant clauses of the Agreement. However, the Court upheld the High Court's ruling on pre-Award interest, citing clause 1.15.5 of the Agreement which precludes interest on amounts due to the contractor, aligning with precedents set in Sayeed Ahmed & Co. v. State of U.P. and Union of India v. Concrete Products & Construction Co.