HC seeks DMRC stand on concessionaire plea for award payment

The Delhi High Court on Friday sought response of Delhi Metro on a plea by a former concessionaire of the airport express line for early payment of 75 per cent of the arbitral award of Rs 4,670 crore in its favour. Justice Vibhu Bakhru issued notice to the Delhi Metro Rail Corporation (DMRC) and sought its reply by May 29 on the plea of concessionaire Delhi Airport Metro Express Private Limited (DAMEPL), which is seeking early payment of Rs 3,502 crore which is 75 per cent of the total award amount.

Leave a Comment

Your email address will not be published. Required fields are marked *