Reliance Infrastructure compensation hits Delhi Metro Rail Corporation

DMRC, co-owned by the Centre and the Delhi govt, suffered a loss of Rs 708.45 crore in 2015-16

The Airport Express Link that the Delhi Metro Rail Corporation (DMRC) was forced to take over in 2013 from a unit of Reliance Infrastructure may end up burning a massive hole in its books and raise questions on its ability to add new lines.

DMRC, co-owned by the Centre and the Delhi government, suffered a loss of Rs 708.45 crore in 2015-16. Its revenue stood at Rs 4,344.25 crore during the period.

Last week, Delhi Airport Metro Express Pvt Ltd, a subsidiary of Reliance Infrastructure, had received an arbitration award of Rs 2,950 crore for termination of concession agreements for