Delhi Metro has invited bids from 18 banks to raise loan to the tune of Rs 2,700 cr for “purchase of Airport Line assets,” according to letters sent to these banks by the urban transporter.
This comes in the backdrop of the Supreme Court early May upholding a Delhi High Court order directing the Delhi Metro Rail Corporation (DMRC) to pay over Rs 4,600 crore of arbitral award along with interest to the Delhi Airport Metro Express Private Limited (DAMEPL) in two equal installments in two months.