Anil Ambani bids highest for Delhi airport metro line | business | Hindustan Times
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Anil Ambani bids highest for Delhi airport metro line

The Anil Dhirubhai Ambani Group is reported to have emerged as the highest bidder for the estimated Rs 4,000 crore project.

business Updated: Nov 06, 2007 19:45 IST
HT Correspondent

The stage is set for the Delhi Metro’s ambitious segment from the international airport to the New Delhi railway station. The Anil Dhirubhai Ambani Group is reported to have emerged as the highest bidder for the estimated Rs 4,000 crore project. The airport metro line will connect the city centre to two major destinations expected to witness huge traffic growth.

Indications are that a formal announcement is likely in a day or two. Delhi Metro executives, however, declined to confirm the development.

Sources said the other bidders in the race were Larsen & Toubro and a consortium led by GE.

The 22-km Delhi metro line will be the second one for the Anil Dhirubhai Ambani Group, if it manages to bag it. The group had won a Rs 2,354 crore project in Mumbai for a 11.4 km elevated track from Versova to Ghatkopar with 12 stations. The company has started work on the project, which is expected to be competed before the Commonwealth Games in 2010.

Earlier, GMR Infrastructure, leading the Delhi International Airport Pvt Ltd (DIAL) venture, had said it would bear 10 per cent of the cost of the metro line to connect the airport with the rest of the city.