Bombay HC directs MMRDA to deposit ₹1,169 crore into Mumbai Metro One account: Reliance Infra

Mumbai Metro One Pvt. Ltd. (MMOPL), a subsidiary of Reliance Infrastructure Ltd., has secured an arbitration award in opposition to Mumbai Metropolitan Area Growth Authority (MMRDA), a state authorities entity.

In keeping with a submitting by Reliance Infrastructure Ltd., the Bombay Excessive Court docket has directed MMRDA to deposit ₹1,169 crore into the MMOPL’s account inside 4 weeks. 

Reliance Infrastructure mentioned the proceeds will probably be used to scale back MMOPL’s debt.

MMOPL is a 74:26% three way partnership between Reliance Infrastructure and MMRDA. MMOPL operates Mumbai’s Metro line between Versova and Ghatkopar by way of Andheri.

“The Bombay Excessive Court docket, after noting that no case was made out for an unconditional keep, handed an order directing the MMRDA to deposit your entire awarded quantity—roughly ₹1,169 crore [inclusive of accrued interest as of May 31, 2025] —with the Registry of the court docket on or earlier than July 15, 2025,” Reliance Infrastructure mentioned in a submitting.

“This route was issued in proceedings initiated by MMRDA …difficult the arbitral award dated August 29, 2023, as corrected by order dated February 26, 2024,” it mentioned.

“The award was handed by a three-member arbitral tribunal in favour of Mumbai Metro One Personal Restricted (MMOPL) — a three way partnership between the Firm (holding 74% stake) and MMRDA (holding 26% stake) — which operates the Versova–Andheri–Ghatkopar metro hall in Mumbai. The award granted MMOPL a sum of ₹992 crore together with curiosity,” it added.