Gurgaon Metro Project

IL&FS Gets Rs 1925 Cr from Haryana Govt For Gurgaon Metro Project as Interim Termination Payment

The payment, duly received in escrow accounts, comes in compliance with the Supreme Court order of March 26, 2021 that ruled in favour of IL&FS in the Gurgaon Metro Project, developed through IL&FS subsidiaries and Special Purpose Vehicles (SPVs), Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid Metro Rail Gurgaon South Limited (RMGSL).