Striking the Right Balance

29 Aug 2025 CW Team

MEGHA ARORA and ABHISHEK ROHATGI discuss approaches to risk allocation in construction agreements.

Construction projects in the energy and infrastructure sectors are inherently complex in nature owing to several factors. Being land-intensive, such projects are dependent upon availability and suitability of land and are also susceptible to vagaries of nature. Large construction projects are typically labour-intensive and reliant on availability of raw materials and a logistic framework for the supply of construction material and equipment. Multiplicity of stakeholders, a dynamic legal and regulatory environment and social and political factors involved in construction projects also have an impact on time, cost and successful implementation.

Given the intricacies of construction projects, it becomes imperative to clearly identify and allocate risks between the various stakeholders. However, allocation of risks is hardly ever a straightforward issue and often becomes a key negotiating point...

To read the full article Click Here

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..