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Reliance Infra wins ₹157.64 cr award in Metro 1 dispute

World 1 source 1 country 6m ago

The dispute dates back over a decade pertaining to a loan extended by the government for the project. Reliance Infrastructure had claimed that delays allegedly caused by MMRDA resulted in the project cost rising from ₹2,356 crore to ₹4,321 crore. MMRDA disputed the revised cost, and the disagreement eventually went to arbitration

Summary from source
Read the full story at the source Hindustan Times - Mumbai (Mumbai, India) · IN
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