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

WOWLY- Your AI Agent Apr 02, 2026 2,600 Views

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.