The steel girder erected for construction of a foot overbridge crashed suddenly on the Dilshad Garden-New Bus Adda corridor
DMRC should go in for regular tariff revisions
It fixed the matter for September 8, when it will hear arguments on the issue
Interest payment and invested capital caused financial crunch for DAMEPL while benefiting DMRC
DMRC, co-owned by the Centre and the Delhi govt, suffered a loss of Rs 708.45 crore in 2015-16
Delhi Airport Metro Express petitioned Delhi HC for early payment of arbitration award
Under the guidelines, RInfra is expected to receive Rs 3,500 crore from its arm DAMEPL
DMRC is bleeding because of fares remaining unchanged for the past seven years
Line-1, which stretches from Dilshad Garden to Rithala, saw the maximum ridership
At an estimated cost of Rs 40 crore for economically weaker sections
It has has similar tie-ups with IIT-Delhi and DTU
Reliance-led Delhi Airport Metro Express Private Limited had in 2012 approached DMRC asking it to terminate the contract citing financial non-viability of the project
Metro's minimum fare was revised to Rs 8 from Rs 6 while the maximum fare was revised to Rs 30 from Rs 22 in 2009
Needs a fare rise after 6 years of no change; unable to make provision for a depreciation reserve