Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Reliance Infrastructure has been awarded compensation of Rs 2,950 crore by a three member Arbitral Tribunal, a company statement said.
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DAMEPL asked to bear debt till pact is terminated
Sudhir Krishna, Secretary of the union urban development ministry informed that the Delhi Airport Metro Express (DAMEPL) will have to bear the debt till the concession agreement is terminated. DAMPEL is the joint venture between Reliance Infrastructure and Construccionesy Auxiliar de Ferrocarriles, SA (CAF) and it operates the metro rail corridor connecting Delhi airport. The joint venture firm recently submitted termination notice to Delhi Metro Rail Corp