KVB REDDY, MD & CEO, L&T Hyd Metro speaks about largest MRTS project. L&T-Metro Rail (Hyderabad) Limited is the largest PPP project in Asia and the largest MRTS in the world being implemented in PPP mode on DBFOT basis. The man helming this iconic project, KVB Reddy, MD & CEO, L&T Metro Rail (Hyderabad) Limited...
Tag: metro rail project
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Hyderabad: L&T, Telengana stare at fresh tussle over metro rail project
Engineering giant Larsen and Toubro and the Telangana government could be headed for yet another face-off over the execution of the Rs.16,375-crore metro rail project in Hyderabad.
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Hyderabad Metro gets ĆĀ“speed certificateĆĀ“
Hyderabad Metro Rail project got its first interim clearance for running trains between Nagole and Mettuguda.
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Recourse in a financial dry-up
In order to execute mega specialised projects, one of the important requirements is new technology equipment. DK Vyas elaborates on the financing issues in the procurement and use of such equipment. The construction industry in India is the second largest industry after agriculture
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Work on Lucknow Metro rail to start in Dec
In Lucknow, the first phase of Metro rail project would commence in December. The registrar of companies on October 8 approved the name of Lucknow Metro Rail Corporation (LMRC). The first phase would include work on Amausi-Alambagh, Alambagh-Mahanagar and Mahanagar to Munshipulia.
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Hyd Metro’s non-ticket revenues to contribute 50%
Hyderabad's 72-km Metro Rail project is based on a revenue model of 50 per cent from passenger fares, 45 per cent from property development and 5 per cent from advertisement and other miscellaneous sources. The Rs 14,132-crore project, being implemented under the public, private partnership mode by concessionaire L&T, has a viability gap funding from the Central Government to the tune of Rs 1,458 crore while the remaining Rs 12,674 crore is being raised by L&T, which has already achieved financi
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Pune metro rail approved
Maharashtra government has approved a metro rail project for Pune and would make a budgetary provision for the proposed 14.9 km second corridor from Vanaz on Paud road to Ramwadi on Pune-Ahmednagar road.