Business Today

RINFRA GETS ` 2,950 CR RELIEF

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Delhi Airport Metro Express Private Ltd ( DAMEPL), a subsidiary of Reliance Infrastruc­ture, has been awarded a `2,950 crore compensati­on by an Arbitral Tribunal nominated by the Delhi Metro Rail Corporatio­n or DMRC. The tribunal held the terminatio­n of the agreement for the airport metro line to be valid. DAMEPL had terminated the concession agreement with the DMRC for the metro line on October 8, 2012.

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