INFORM: Infrastructure, Projects & Finance – May 2026

In our latest edition, we have shared the trends shaping the infrastructure landscape and key developments in projects and finance, with certain case laws highlighting the judicial perspective.

Case laws:

• Supreme Court Upholds Union’s Competence to Levy Toll on National Highways
• Bombay High Court Upholds Enhanced Compensation in NH Land Acquisition Arbitration
• Supreme Court Clarifies Limits of Incorporation of Arbitration Clauses in LOIs
• Delhi High Court Reaffirms Limited Judicial Review in Termination of Toll Contracts
• Madras High Court Upholds Rejection of Abnormally Low Bid and Cancellation of Tender

Notifications/circulars:

• Exemption from Income Tax on Land Acquisition Compensation under NH Act Clarified
• MoRTH Enforces Portal-Based RoW and Access Permissions
• MoRTH Introduces Interim Measures on Cost Escalation for Highway Projects
• MoRTH Revises Normative Construction Periods for NH Projects
• SEBI Rationalises Investment Flexibility for REITs and InvITs
• Ministry of Power Advises Use of Insurance Surety Bonds in Procurement Frameworks
• RBI Introduces Targeted Exemption for Select NBFCs under SBR Framework
• MNRE Clarifies Regulatory Treatment of ESS under FDRE Framework

Quick Reads:

• Goa PWD Introduces Performance-Based Maintenance Contracts for Road Stretches
• Government Eyes Insurers, Pension Funds to Deepen Infrastructure Financing
• Push Towards 100% Land Acquisition for Highway Projects
• India Seeks Safeguards for Chabahar Port Amid Sanctions Uncertainty