RBNL signs 5 yr contract with DMRC

MUMBAI: Reliance Broadcast Network Ltd on Monday said it has bagged a five year contract from the Delhi Metro Rail Corporation for construction related works.

The company has won a five year contract for developing Delhi Metro Rail Corporation's (DMRC) high potential line-III, Reliance Broadcast Network said in a filing to the Bombay Stock Exchange.

RBNL will create special media inventory at strategic locations of the stations that will offer business options to brands across sectors, including pharma, retail, FMGC, government, education, the filing added.

It has also signed a 22-year contract with the Municipal Corporation of Delhi for street furniture makeover on build- operate-transfer (BOT) basis.

The company has also tied-up with the Hong Kong-based Qumbet for the upcoming Commonwealth Games.

As part of the deal, the company will build public washrooms, police booths, traffic booths, the filing said.