L&T Metro Rail Hyderabad (L&TMRH) has announced the first test run on the complete stretch of Miyapur to SR Nagar, stage two, as per the construction schedule for the concessionaire which is building the project, and will also be running it.

For the Hyderabad metro rail project, L&T is close to striking a Rs 1,000-crore external commercial borrowing (ECB) deal with India Infrastructure Finance Co (IIFCL).

VB Gadgil, Chief Executive and Managing Director, L&T Metro Rail Hyderabad, has said that the company has awarded signalling and train control contracts to Thales Canada & Thales India and a communications system deal to Thales Portugal. The defence, aerospace and transport major Thales has outbid Siemens and Bombardier, which were also in the fray.

Andhra Pradesh Chief Minister N Kiran Kumar Reddy assured L&T Metro Rail Hyderabad, which implements metro rail project in the city, that the state government would resolve issues related to the project. During a meeting with L&T Metro Rail Hyderabad Chairman YM Deosthalee and Managing Director VB Gadgil, Reddy said the special task force headed by the Chief Secretary would meet more frequently and r

The government has approved a new policy for allocation of power to be generated by upcoming state-run thermal power plants.