The Union government has taken decisive steps to prevent long-pending arbitration cases from derailing India’s highway development projects. With claims against the National Highways Authority of India (NHAI) now nearing ₹1 trillion, authorities are moving to cap arbitration extensions and introduce stricter oversight mechanisms to reduce delays and financial losses….
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NHAI Strengthens RFP Norms to Improve Highway Projects
The National Highways Authority of India (NHAI) has issued clarifications to the provisions of its Request for Proposal (RFP) to enhance the quality, transparency, and timely execution of National Highway projects. These reforms aim to tighten contractor qualification norms, curb unauthorized subcontracting, and ensure financial accountability in project execution. Refining…