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The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited INR 560.21 crore with the Bombay High Court registry. This payment is part of an arbitration settlement in favor of Mumbai Metro One Private Limited (MMOPL), a joint venture involving Anil Ambani's Reliance Infrastructure. The deposit follows a Supreme Court directive that allowed MMRDA to pay 50% of the total INR 1,169 crore award, while the dispute continues. The case stems from cost escalations of the Versova-Andheri-Ghatkopar metro line, highlighting ongoing challenges in large infrastructure public-private partnerships.
The Mumbai Metropolitan Region Development Authority (MMRDA) has deposited INR 560.21 crore with the registry of the Bombay High Court. This payment is part of an arbitration settlement in favor of Mumbai Metro One Private Limited (MMOPL), a company that is a subsidiary of Reliance Infrastructure. Advertisement
This deposit was made following a directive from the Supreme Court. The Supreme Court had allowed MMRDA to deposit only 50 percent of the total INR 1,169 crore award, while the legal process continues. This total award includes interest accrued through May 31, 2025.
MMOPL, a joint venture where Reliance Infrastructure holds a 74 percent stake and MMRDA holds 26 percent, operates the Versova-Andheri-Ghatkopar metro corridor. This metro line was built under a Public-Private Partnership (PPP) model. The project faced an increase in a significant amount of cost, with its estimated cost rising from INR 2,356 crore to INR 4,321 crore. The concession agreement for this metro line was signed in 2007.
In August 2023, an arbitration tribunal granted MMOPL INR 992 crore in compensation for cost-related disputes. With interest through May 31, 2025, the total award reached INR 1,169 crore. The Bombay High Court had, on June 10, 2025, directed MMRDA to deposit the full INR 1,169 crore by July 15, 2025. MMRDA then filed a Special Leave Petition in the Supreme Court, which stayed the requirement for a full deposit and permitted partial compliance.
MMOPL confirmed in its regulatory filing, that the INR 560.21 crore deposit had been made as per the Supreme Court's order. This development highlights the ongoing implications for PPP governance and the arbitration process in large infrastructure projects. The final outcome of this arbitration matter may set a precedent for public-private partnership infrastructure disputes in India, as legal and financial battles over major projects continue to unfold.
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