News for 'dlf-metrorail'

DLF,IL&FS bag Rs 900-cr Haryana Metro Rail project

DLF,IL&FS bag Rs 900-cr Haryana Metro Rail project

Rediff.com11 Aug 2009

The project called 'DLF MetroRail, Gurgaon' has been bagged on concession by the consortium for a period of 99 years to build and operate the metro system. The consortium, where DLF would have a 26 per cent stake while IL&FS would hold the rest, would invest invest Rs 900 crore (Rs 9 billion) in developing the project.