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The Delhi High Court on Tuesday directed Delhi Metro Rail Corporation (DMRC) to pay Rs 60 crore as interest on loans taken by Delhi Airport Metro Express Private Limited (DAMEPL), the former concessionaire of the Delhi Metro’s airport express service in line with an August 25, 2008, agreement between the two companies.
Justice Vibhu Bhakru passed Tuesday’s interim order directing DMRC to make the payment towards interest on the outstanding loans for next three months, in response to a suit filed by DAMEPL seeking the early realisation of 75% of the Rs 4,670 crore arbitration award granted in favour of
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