DMRC Invites Bids For Sale Of Airport Line Assets
Delhi Metro Rail Corporation (DMRC) has invited bids from 18 banks to raise Rs 2,700 crores for the purchase of Airport Line assets. This comes as the Supreme court directed DMRC to pay Anil Ambani-owned Reliance Infrastructure Rs 4,600 crore plus interest in connection with the termination of a contract to run the Airport Express Line.
As per reports banks that are willing to extend the loan, are requested to submit their bid on the broad terms and conditions. The letter has been sent to State Bank of India, Canara Bank, Axis Bank, Bank of Baroda, HDFC Bank, ICICI Bank, and Yes Bank, among others.
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