Reliance Infrastructure Limited | |
CIN : L75100MH1929PLC001530 | Tel: +91 22 4303 1000 |
Regd. Office: | Fax: +91 22 4303 4662 |
Reliance Centre, Ground Floor, | www.rinfra.com |
19, Walchand Hirachand Marg, | |
Ballard Estate, Mumbai 400 001 | |
September 9, | 2021 | |
BSE Limited | National Stock Exchange of India Ltd | |
Phiroze Jeejeebhoy Towers | Exchange Plaza, C-1, Block G | |
Dalal Street | Bandra-Kurla Complex, Bandra (East) | |
Mumbai 400 | 001 | Mumbai 400 051 |
BSE Scrip Code : 500390 | NSE Symbol : RELINFRA |
Dear Sirs,
Sub: Media Release
We enclose herewith a copy of the Media Release being issued by the Company which is self explanatory.
Please inform your members accordingly.
Yours faithfully
For Reliance Infrastructure Limited
Paresh Rathod
Company Secretary
Encl.: As above
Reliance Infrastructure Limited | |
CIN : L75100MH1929PLC001530 | Tel: +91 22 4303 1000 |
Regd. Office: | Fax: +91 22 4303 4662 |
Reliance Centre, Ground Floor, | www.rinfra.com |
19, Walchand Hirachand Marg, | |
Ballard Estate, Mumbai 400 001 | |
MEDIA RELEASE
RELIANCE INFRASTRUCTURE WINS ARBITRATION AWARD
AGAINST DELHI METRO RAIL CORPORATION (DMRC)
SUPREME COURT UPHOLDS DELHI AIRPORT METRO EXPRESS PRIVATE LIMITED'S (DAMEPL) ARBITRAL AWARD AGAINST DMRC
DMRC TO PAY RS.2,950 CRORE PLUS INTEREST UPTO THE DATE
OF PAYMENT TO DAMEPL
Mumbai, September 9, 2021: The Supreme Court upheld the arbitral award in favour of Reliance Infrastructure Limited's subsidiary DAMEPL. Delhi Metro Rail Corporation is directed to pay damages of Rs.2,950 crore plus interest upto the date of payment to DAMEPL.
The proceeds from the arbitral award to be utilized for debt reduction.
Reliance Infrastructure Limited
Reliance Infrastructure Limited (Reliance Infra) is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
Reliance Infra is a major player in providing Engineering and Construction (E&C) services for developing power, infrastructure, metro and road projects.
Reliance Infra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; nine road projects on build, operate and transfer (BOT) basis.
Reliance Infra is also a leading utility company having presence in Power Distribution Business in Delhi.
https://twitter.com/rinfraofficial https://www.facebook.com/relianceinfrastructure/
For further information please contact:
Daljeet Singh: 9818802509
daljeet.s.singh@relianceada.com
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Reliance Infrastructure Limited published this content on 13 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2021 11:31:02 UTC.