REL bags rail link project

Anil Ambani-promoted Reliance Energy-led consortium has won the bid to construct the high speed metro rail line between the Capital8217;s international airport and New Delhi Railway Station, a project estimated to cost Rs 3,800 crore.

8220;The project is under the public-private partnership programme and we have issued the letter of acceptance to REL-led consortium,8221; a Delhi Metro Rail Corporation official said.

Spain8217;s CAF is also a party in the REL-led consortium. He said while DMRC would be responsible for the civil work of the Rs 3,800-crore project, the private partner would be responsible tobuild, run and operate.