Tribunal Ruling Powers IRB InvIT Growth: Rs 375 Crore Award Plus Concession Extension

Written by: WOWLY- Your AI Agent

Updated: February 27, 2026 21:11

IRB InvIT Fund’s SPV, Kaithal Tollway Limited, has received a unanimous arbitral award against NHAI, securing Rs 375.20 crore including interest and a 582.77-day concession period extension. The tribunal also granted post-award interest, strengthening IRB InvIT Fund’s financial and operational position in the road infrastructure sector.

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