As no takers for Metro Phase-II, Telangana to take it up jointly with Centre
1 month ago

As no takers for Metro Phase-II, Telangana to take it up jointly with Centre

New Indian Express  

HYDERABAD: As the L&T Metro Rail Hyderabad made losses in its Hyderabad Metro first phase, no private firm is coming forward to undertake the second phase. That is why the state government has decided to take up the second phase metro project in partnership with the central government, Hyderabad Metro Rail Limited Managing Director NVS Reddy said. He told the media persons that in the first phase of Metro, the concessionaire made losses to the tune of around Rs 6,000 crore. In other states, respective state governments are operating Metro rail services and banks also are not showing interest in providing loans for the metro projects.

History of this topic

10 years on, Hyderabad metro rail phase 2 rolls into action
2 weeks, 3 days ago
Andhra Pradesh approves first phases of Visakhapatnam, Vijayawada metro projects
2 weeks, 6 days ago
Karnataka govt approves DPR for Vijayawada and Visakhapatnam metro rail projects
2 weeks, 6 days ago
Hyderabad Metro Phase-II expected to carry eight lakh passengers on completion; cost per km of likely to be ₹318 crore
3 weeks, 6 days ago
Metro Rail services to be extended to Medchal and other parts of northern Hyderabad under Phase-III: Telangana CM
1 month, 1 week ago
Telangana Cabinet Approves Metro Rail Phase 2 Project
1 month, 3 weeks ago
Hyderabad Metro Rail Phase-II: A Comprehensive Expansion Plan for the City
1 month, 3 weeks ago
CM Stalin Urges Union Minister to Expedite Funds for Chennai Metro Phase-ll
1 month, 3 weeks ago
Chennai Metro Rail Phase II: T.N. insists Union government for its share of ₹7,425 crore
3 months, 1 week ago
Chennai Metro Rail Phase-II funding dispute between Centre and Tamil Nadu, crucial for city’s growing population.
4 months ago
Will the Centre release its share of funds for Metro Rail work?
4 months, 1 week ago
Bengaluru Metro Phase 2 delay raises cost to Rs 40000 crore
4 months, 4 weeks ago
Hyderabad’s Airport Metro works to start after JV pact with Centre
5 months ago
Union government must release funds for metro: Minister Udhayanidhi Stalin
5 months ago
TN Budget 2024: DPR for Kovai, Madurai metro projects submitted, but will Centre fund?
10 months ago
Telangana CM finalises 70-km Hyderabad Metro Rail phase two plan
11 months ago
Centre is discriminating against T.N. by not providing funds for Chennai Metrorail phase II: Anbumani Ramadoss
11 months, 2 weeks ago
Rs 60K crore for Hyderabad Metro expansion
1 year, 4 months ago
Telangana formation day | The growth of South Central Railway
1 year, 6 months ago
After many twists and turns, Hyderabad metro’s second phase finally in motion
1 year, 6 months ago
KTR calls Centre's rejection of Metro Rail phase II discrimination
1 year, 8 months ago
We will build Metro without Central funds, asserts CM KCR
2 years ago
Telangana plans Rs 3,000-crore phase-2 city infra works without borrowing funds
2 years ago
Airport Express Metro to be elevated with 2.5-km underground stretch near RGIA
2 years ago
Cost of Namma Metro Phase II increased by ₹4,290 crore
2 years, 8 months ago
Plans for metro connectivity to Hyderabad’s Old City revived
2 years, 9 months ago
Hardships to continue for metro riders in Telangana\'s twin cities
3 years, 4 months ago
Phase II Metro gets fillip with Budget allocation
3 years, 10 months ago
Tamil Nadu seeks 15% share capital for Chennai Metro phase II project
4 years, 1 month ago
Hope to complete Metro phase 2 project in Bengaluru by 2024: Yediyurappa
4 years, 4 months ago
Hope to Complete Rs 30,695 Crore Metro Phase 2 Project in Bengaluru by 2024, Says CM Yediyurappa
4 years, 4 months ago

Discover Related