DMRC, Reliance Infra go for arbitration.
Delhi's showcase Airport Metro Express would be back on track after being shut for six months, but it won't be a high-speed corridor as envisaged with the Commissioner of Metro Rail Safety today granting the nod for operations with a reduced speed of 50 km per hour.
Unwilling to wait till Delhi Metro's Phase-III is completed, the Centre wants construction work on "some sections" of the Phase-IV project to start immediately once the detailed project report is completed.
A report of a joint inspection committee (JIC) - comprising experts from DMRC, Indian Railways and Reliance Infra - has revealed that the Airport Metro Express line had been rolling on a track that had 91 per cent of its bearings dislocated.
At one level, the ongoing tussle between the Delhi Metro Rail Corporation (DMRC) and the Anil Ambani-controlled Delhi Airport Metro Express Pvt Ltd (DAMEPL) may confirm the misgivings of those who think public-private partnerships (PPPs) are a risky way of bridging the infrastructure gap.
Anil Dhirubhai Ambani Group firm says it is financially unviable.
Under the contracts, Motorola will supply its scalable Dimetra IP system, which will enable secure and seamless communications essential for ensuring passenger safety and security and is capable of full interoperability across multiple user segments.
The only way out for DMRC would be if the lenders, a consortium of 10 banks, find another concessionaire for the project
A consortium of 10 banks, led by Axis Bank, funded the Delhi Airport Express line.
On day one of its stand-alone operation of the airport line, Delhi Metro Rail Corp on Monday assured commuters of an uninterrupted service by taking journalists on a ride.
Exit from Delhi Metro's airport express line