Hyderabad metro rail project
Telangana Government Chief Secretary Rajeev Sharma on Monday met Central Government representatives and apprised them of the progress the L&T Metro Rail Hyderabad project has made so far. Accompanied by BV Papa Rao, Advisor to Telangana Government, the CS met with Union Cabinet Secretary and Principal Secretary to the Prime Minister and briefed them about [...] Continue Reading »
The battle between the TRS government and L&T, which is executing the metro rail project in the city, reached a new low on Wednesday with selective leaks to media houses that L&T has written to the government indicating that it wants to exit from the project and that the government should take it over and [...] Continue Reading »
L&T (Larsen and Toubro) Hyderabad Metro Rail Limited today hinted at the possibility of cost escalation of the elevated metro rail project by about Rs 2,500 crore to Rs 3,000 crore.The Rs 12,132-crore-project may need such additional funding for some of the unavoidable circumstances. These include the initial delay in the appointed date, inflation and [...] Continue Reading »
A bid to rein in the TRS government that had threatened to create many hurdles for the Hyderabad Metro Rail project, the Centre summoned the Telengana chief secretary Rajiv Sharma for a special meeting in Delhi this Friday. In the meeting the representatives of the concession partner Larson & Toubro and other authorities of Hyderabad [...] Continue Reading »
The Union Government has asked the government of the newly-formed Telangana state to refrain from meddling with the design of the Hyderabad Metro Rail project. The Union Government’s advice to Telangana government comes against the backdrop of concerns raised by infrastructure firm L&T, which is executing the over Rs 16,000-crore project. In an announcement made [...] Continue Reading »
Sarathi Studios have accepted to give its major land in Ameerpet to meet the need of Hyderabad metro rail project to build an interchange cum circulation area. This will act as a catalyst for the Hyderabad metro rail project. The interchange that will be built shall help facilitating passengers to move within two corridors. The [...] Continue Reading »
The L&T Hyderabad Metro rail project is likely to suffer delays, escalation of costs, and change in terms of concession agreement; with Telangana Chief Minister K Chandrasekhar Rao having suggested that the alignment of the project should be tweaked in congested business hubs and at a busy road near the heritage structures. The officials from [...] Continue Reading »
Hyderabad- The Hyderabad metro rail project has got a final approval for viability gap funding (VGF) of Rs 1,458 crore from the empowered committee of the finance ministry. This amount is 12.35 percent of the estimated total project cost. It has been provided by the state under VGF scheme for the development of the metro [...] Continue Reading »
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »
Hyderabad- The last contract of L&T Metro Rail of Hyderabad has been handed over to Samsung Data Systems India Private Limited. It is a Rs 200-crore contract for the Automatic Fare Collection (AFC) system for the metro. Samsung Data Systems India Private Limited is a subsidiary of Samsung SDS, Korea. This Korean company was selected [...] Continue Reading »
