JUDGMENT

Jyoti Singh, J. - Present petition has been filed under Section 34 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as the "Act") challenging the Award dated 22.03.2017 passed by the Arbitral Tribunal in so far as it has partially allowed the claims of the Respondent. Respondent herein was the Claimant in the Arbitration Proceedings and the Petitioner herein was the Respondent.

2. Brief facts leading to filing of the present petition are that the Government of Himachal Pradesh decided to construct a Project, namely, Koldam Hydroelectric Power Project of 800 MW in Bilaspur District, situated about 25 km from District HQ on River Satluj and 4.5 Kms of Dehar Power Plant. Construction of the Project was to be done by National Thermal Power Corporation (hereinafter referred to as "NTPC").

3. Petitioner participated in the Tender floated by NTPC and was appointed as a Contractor for the Project, for