Reliance Infrastructure Limited Secures Arbitral Award in MMRDA Debt Dispute
Reliance Infrastructure Limited has received an Arbitral Award detailing a dispute with the Mumbai Metropolitan Regional Development Authority (MMRDA) concerning subordinated debt provided to Mumbai Metro One Private Limited (MMOPL). The award was granted on July 27, 2026.The matter involves the subordinated debt extended by Reliance Infrastructure Limited to MMOPL, which is a joint venture between Reliance Infrastructure and MMRDA. This JV operates the Metro Line connecting the Versova - Andheri Ghatkopar Corridor in Mumbai.
In this arbitration case, the Arbitral Tribunal rendered a decision with a 3:0 majority. The award grants a sum of Rs. 157.64 crore towards the cost of subordinated debt to Reliance Infrastructure Limited, along with interest.
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