New Delhi: The Airport Express Line, of Delhi Metro, that connects the 24.2-kilometre stretch between Connaught Place and Indira Gandhi International Airport (IGI) is set to open in September 2010.
Reliance Infrastructure in syndicate with Y Auxiliar De Ferrocarriles, S A (CAF) of Spain inked financial agreements for long term loans with different financial institutions including lead manager Axis Bank in Delhi for their next project, Delhi Airport Metro Express Pvt. Ltd. (DAMEPL), a Special Purpose Vehicle (SPV).
With the Chennai Metro Rail project receiving a green signal from the Cabinet Committee on Economic Affairs of the Union Government in a meeting headed by India's external affair minister Pranab Mukherjee on 28 Jan 2009, the commuters in Chennai can now breathe a sigh of relief.