Union Minister for Coal and Mines G. Kishan Reddy asserted that the Telangana authorities is yet to taxable the revised Detailed Project Report (DPR) for the projected 2nd signifier of the Hyderabad Metro Rail. This follows the State’s determination to instrumentality implicit Phase One of the 69.2 km task from the concessionaire L&T Metro Rail Hyderabad (L&TMRH).
“The Congress authorities lacks clarity. Chief Minister A. Revanth Reddy keeps talking astir Metro Phase Two, but his authorities has not yet sent the revised task details oregon the statement signed with L&T to instrumentality implicit Phase One. I’ve lone work astir the pact successful newspapers,” Mr. Reddy said during an informal enactment with the media astatine the State BJP bureau connected Monday.
Last month, the State authorities announced its determination to wage ₹2,100 crore to L&T towards its equity concern and presume the project’s indebtedness of astir ₹13,000 crore for Phase One, pursuing a gathering betwixt the Chief Minister, elder officials and L&T apical brass.
This determination is aimed astatine forming a Joint Venture (JV) with the Centre to entree backing from multilateral agencies specified arsenic JICA, astatine an involvement complaint of 2% for the 2nd phase. The projected 76.4 km expansion, estimated to outgo ₹24,269 crore, volition span 5 corridors crossed the duplicate cities.
However, Mr. Reddy claimed that the Centre has not been formally informed astir the agreement. He said his inquiries with Union Minister for Housing and Urban Affairs Manohar Lal Khattar revealed that the revised DPR is yet to beryllium submitted.
“The Centre has asked however HMR Phase One and Two volition beryllium integrated successful presumption of trains, gross and different operational aspects, since Phase One was developed nether a public-private concern (PPP) model, portion Phase Two volition beryllium jointly owned by the Centre and State governments. L&T wanted to opt retired citing losses. We inactive don’t cognize however the State authorities plans to instrumentality implicit the existing Phase One,” helium said successful effect to a query.

6 months ago
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