The Supreme Court (SC) on Thursday allowed a special leave petition filed by Delhi Airport Metro Express (DAMEPL), challenging the judgment of the Delhi High Court (HC) that had set aside the arbitral award to be paid by Delhi Metro Rail Corporation (DMRC).
DAMEPL, a special purpose vehicle floated by Reliance Infrastructure, had won the Rs 2,800-crore award in 2017. "Along with interest and other costs, the amount would be over Rs 5,000 crore. DMRC would now have to pay the amount to the Anil Ambani group company," said a government official who did not want to be quoted.
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