Centre to examine request for bearing 50% arbitral award to DAMEPL: DMRC to HC

The Delhi Metro Rail Corporation (DMRC) Thursday submitted before the Delhi High Court that its request to the Centre to bear 50 per cent of the arbitral award, passed in favour of Reliance Infrastructure-owned Delhi Airport Metro Express Private Limited, will be examined by the government in entirety for taking an informed decision.

The DMRC also informed the court that the Delhi government, being an equity holder, has asked the corporation to submit updated and complete details for considering its request to bear another 50 per cent of the arbitral award and take an appropriate decision.The submission was made by the DMRC in an additional affidavit filed in a pending application of the Delhi Airport Metro Express Private Limited (DAMEPL)