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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..