( 1 ) REFUSING to set aside an award under section 34 of the Arbitration and Conciliation Act, 1996. The undisputed facts of the case briefly stated are as follows : the parties entered into a contract for construction of an Intake Pump house for Mejia Thermal Power Station. The stipulated period for completion of the work was two years which expired on 22nd February, 1991. The work was actually completed on 31st May, 1995. On account of delay in completion of the work [central Concrete and Allied Products Limited (hereinafter referred to as the Contractor] claimed revision of rates besides escalation provided in the contract. The Contractor also claimed payment on account of some extra works. The correspondence in this regard commenced with the letter dated 2nd February, 1994. By its letter dated 2nd February, 1994 the contractor raised 22 claims which included a claim on account of general revision of rates. It would appear from the letter dated 2nd February, 1994 that 19 out of 22 claims preferred therein related to extra items of work. On 9th April, 1994 a meeting took place between the parties wherein the letter of the contractor, dated 2nd February,