Maytas mulls roping in Reliance for Metro project

Sources said Maytas officials had approached Anil Ambani group firm last week on the issue. In the proposed structure, Reliance Infra could be given 84 per cent stake, while Maytas’ holding could fall to as low as 16 per cent, sources said. Reliance Infra chief Lalit Jalan had previously said the company would consider bidding for the project, if the government calls for fresh bids. The project comprises three corridors with a total of 66 stations.