The Delhi Metro Rail Corporation (DMRC) suggested the construction of a dedicated express metro line from the city centre to the airport, which had just been handed over to a private party for development. The airport was expected to handle 18 million passengers by 2010 ’11, and 70 million by 2034-’35. The passenger movement to the airport, primarily through taxis and private vehicles, used to take about 45 minutes. The metro was expected to reduce it to 18 minutes. The line was to offer a direct ride to the airport with space for seating and luggage, with baggage check-in facilities at two stations, along with provisions for interchanges with existing DMRC lines and public transport systems. As of August, 2006 the DMRC had various options for its construction and operations. Bringing in private participation was desired by many stakeholders. Given various concerns, the structuring had to be resolved in a manner that the project could be completed by the commonwealth games deadline of September 2010. The case provides an opportunity to discuss the structuring options for a PPP. The criteria for analysing the various structuring options can be evolved. There is also scope for financial analysis in the context of a large infrastructure project.