JUDGMENT

Sanjeev Narula, J. (Oral)--The present petition under Section 34 of the Arbitration and Conciliation Act, 1996 [hereinafter "the Act"] is directed against an award dated 4th December, 2021, passed by Retd. Mr. Justice Pradeep Nandrajog, former Chief Justice of the Bombay High Court (Sole Arbitrator), whereby the claims of the Respondent (Claimant in arbitration) were allowed and the counter claims of the Petitioner stood rejected.

The Facts

2. Petitioner was awarded a turnkey contract by Tripura State Electricity Corporation Ltd. [hereinafter "the TSECL"] to create additional power infrastructure in the State of Tripura under the scheme of Deen Dayal Upadhaya Gram Jyoti Yojana under the aegis of the Ministry of Power, Govt. of India. For this purpose, Petitioner required 4500 KM of ACSR (Aluminium Conductors with Steel Reinforced) Dog Conductors [hereinafter referred to as `conductors'] and Respondent, being a manufacturer and supplier of the said Conductors, negotiated a supply contract with the Petitioner. Petitioner issued four Purchase Orders on the Respondent for a total amount of Rs.30,47,94,000/- for purchase of 4500 kms of conductors which were to be delivered in fo