DMRC-DAMEPL face off: Accrued arbitral award of Rs 8,000 cr may have the power to derail Delhi Metro
Cash-strapped Delhi Metro Rail Corporation (DMRC) and Reliance Infra-owned Delhi Airport Metro Express Private Limited (DAMEPL) are engaged in a bitter court battle for the past six years with no end in sight. At the heart of this face-off is an arbitral award of over ₹2,700 crore which has now burgeoned to Rs ₹8,000 crore, necessitating urgent political attention.
