Reliance Energy wins Airport Metro Express Line

Reliance Energy Ltd has informed that the Company, in consortium with CAF of Spain, has been awarded the Airport Metro Express Line, Delhi project on BOOT basis for a concession period of 30 years. The proposed 22.7 km of high speed metro rail link shall connect New Delhi Railway Station and New Delhi International Airport through Cannaught Place.

The project has been awarded by Delhi Metro Rail Corporation Ltd (DMRC) through an International Competitive bidding process. The estimated project cost for is about Rs 2,500 crore; the project is scheduled to be operational in July 2010.