The Arbitral Tribunal has directed NHAI to pay a sum of Rs 547.96 crore to IL&FS Transportation Networks’ subsidiary, Pune Sholapur Road Development Company (PSRDCL). The company’s subsidiary, PSRDCL had invoked arbitration against National Highways Authority of India (NHAI) in relation to the work of development, maintenance and management of a highway from Km. 144.400 to Km. 249.000 on the Pune — Solapur section of NH-9 in the State of Maharashtra by four-laning on a DBFOT basis (the Project), awarded by NHAI to PSRDCL pursuant to a Concession Agreement dated September 30, 2017. PSRDCL had claimed compensation for the losses suffered by it on account of the time overrun in the Construction Phase of the Project.
IL&FS Transportation Networks is an India-based surface transportation infrastructure company. The company is a developer, operator and facilitator of surface transportation infrastructure projects, taking projects from conceptualization through commissioning to operations and maintenance under public to private partnership on build-operate-transfer (BOT) basis.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: