SC: DMRC Exempt from Rs 80 Bn Payment

11 Apr 2024 CW Team

In a significant development, the Supreme Court has granted major relief to the Delhi Metro Rail Corporation (DMRC), stating that it is not liable to pay Rs 80 billion to Reliance Infrastructure Ltd. The ruling comes as a significant legal victory for DMRC in a longstanding dispute with the infrastructure firm.

The dispute stems from a contract between DMRC and Reliance Infrastructure Ltd for the Airport Express Line project. Reliance Infrastructure had sought compensation from DMRC, claiming losses incurred due to alleged breaches of the concession agreement.

However, the Supreme Court dismissed Reliance Infrastructure's claim, stating that DMRC is not liable to pay the requested compensation. The court's decision is based on its assessment of the terms of the concession agreement and the obligations of both parties involved.

The ruling provides a major relief for DMRC, allowing it to avoid a substantial financial burden of Rs 8,000 crore. It also reinforces the legal clarity regarding the responsibilities and liabilities of entities involved in infrastructure projects of national importance.

The Supreme Court's decision is expected to have significant implications for similar disputes in the infrastructure sector, setting a precedent for the interpretation of concession agreements and contractual obligations. Additionally, it underscores the importance of clarity and adherence to contractual terms in fostering a conducive environment for infrastructure development and investment in the country.

Overall, the ruling marks a significant legal victory for DMRC and provides clarity and certainty in resolving disputes related to infrastructure projects, thereby bolstering investor confidence in the sector.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..