Delhi Metro rejects Reliance Infrastructure notice

Image
IANS New Delhi
Last Updated : Jun 28 2013 | 10:15 PM IST

Delhi Metro Friday rejected a notice issued by Reliance Infrastructure to stop operating the Airport Metro Express Line from Sunday, an official statement said Friday.

"Reliance Infrastructure-led Delhi Airport Metro Express Private Limited (DAMEPL) had sent a notice Thursday to Delhi Metro intimating that they would stop operating the Airport Line from Sunday night, which is been rejected," Sudhir Krishna, secretary, urban development ministry and chairman Delhi Metro Rail Corporation (DMRC) said in a statement.

The board of directors of Delhi Metro met and concluded that the notice was in violation of the concession agreement and the ongoing arbitration proceedings.

"The board decided to reject the notice and call upon them to continue the operations of the line in terms of the agreement. If, however, they do not do so, DMRC shall step in and operate the line in larger public interest," Krishna said.

Delhi Metro and DAMEPL have been at loggerheads over the corridor when some serious defects were found in the structure of the airport metro corridor. Operations on the Airport Metro Line were suspended July 8 last year and were restarted in January.

The urban development ministry had set up a committee comprising officials from the Indian Railways, Delhi Metro and Reliance Infrastructure to look into the nature of the defects.

Built at a cost of Rs.5,700 crore ($1.2 billion at the exchange rate then), public-private project, the DMRC was to carry out civil works of the airport project and a consortium led by Reliance Infrastructure was to operate the line for 30 years and share the revenue.

The Airport Metro, which ferries over 15,000 people daily on the 23 km network, 70 percent of those using the line are headed to the airport.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 28 2013 | 9:56 PM IST

Next Story