Gurgaon e-way: NHAI seeks to settle dispute

New Delhi: National Highways Authority of India (NHAI) told the Delhi high court that it has sent a proposal for an out-of- court settlement to the private concessionaire of the Delhi-Gurgaon Expressway.

Justice S Muralidhar granted two weeks time to NHAI and the concessionaire, DGSCL , to discuss the proposal. While fixing July 3 as the next date of hearing, HC said in case the parties are able to reach a settlement earlier, they can inform the court and have the matter disposed off.

Sources said that NHAI has decided to hold a few rounds of discussions with the developer and barring a couple of issues, the two parties agree on most issues highlighted in the proposal. The concessionaire has received the proposal.

For the first time, the authority has softened its stand in court since the developer challenged its decision to terminate the contract for running the 27km expressway. Earlier, the authority had said that it is not willing to reach a truce with the concessionaire.   Source>>>