Reliance NSE -1.01 % Infrastructure’s nearly three-year wait to get its claims worth Rs 898 crore from Damodar Valley Corporation may come to an end by July. This may help the Anil Ambani-led company repay a part of its debt.
The Supreme Court has extended the deadline set by it for DVC to pay the dues by another eight weeks from May 31 considering the corporation’s weak financials but took an undertaking from its chairman on the certainty of the payment.
