Delhi govt releases Rs 200 cr to DMRC
24 July 2014 5:50 AM IST
The Delhi government on Wednesday released Rs 200 crore for the projects of the Delhi Metro Rail Corporation (DMRC).
‘The Delhi government has released an amount of Rs 200 crore as contribution to equity as a first instalment in the current year of 2014-15, a government statement said.
The DMRC is a joint venture between the central and Delhi governments.
An amount of Rs 100 crore is sanctioned against reimbursement of Delhi Value Added Tax (DVAT) out of which Rs 50 crore have been released in the current year.
‘The Delhi government has released an amount of Rs 200 crore as contribution to equity as a first instalment in the current year of 2014-15, a government statement said.
The DMRC is a joint venture between the central and Delhi governments.
An amount of Rs 100 crore is sanctioned against reimbursement of Delhi Value Added Tax (DVAT) out of which Rs 50 crore have been released in the current year.
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