Expediting settlement of claims through conciliation, the National Highways Authority of India (NHAI) has settled claims worth Rs 13,349 crore for Rs 3,743 crore, the Government said on Wednesday.
In its endeavour for faster settlement of claims and reducing liabilities thereby, NHAI has rigorously started the process of conciliation by constituting three Conciliation Committees of Independent Experts (CCIE) of three members each, it said.
“NHAI is working on a fast track mode to resolve all the disputes through conciliation…Till Now, 108 cases have been referred to CCIE and claims worth Rs 13,349 crore have been successfully settled for an amount of Rs 3,743 crore,” the Ministry of Road Transport and Highways said in a statement.
