SC to Hear DMRC Plea Against DAMEPL Award

09 Feb 2024 CW Team

The Supreme Court of India has scheduled a hearing on February 15 for the curative petition filed by the Delhi Metro Rail Corporation (DMRC) against an arbitral award favoring Delhi Airport Metro Express Private Limited (DAMEPL), a subsidiary of Reliance Infrastructure.

This petition challenges the dismissal of DMRC's earlier plea by the top court in September 2021. The case revolves around an arbitral award directing DMRC to pay over Rs.8,000 crore to DAMEPL.

The dispute stems from DMRC's cancellation of a contract with DAMEPL in 2012 due to safety concerns, including numerous cracks and twists in the structure supporting the Airport Metro Express line.

The arbitral tribunal found DMRC in breach of the concession agreement, leading to the substantial award in favor of DAMEPL.

The Delhi High Court had previously directed DMRC to comply with the award, but the Supreme Court's decision to hear the curative petition has deferred these proceedings.

The outcome of this hearing could significantly impact DMRC's financial obligations and the precedent for arbitral awards in India.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..