Health Care

Govt sanctioned Rs 3000 cr for Hyderabad Metro Rail: Rama Rao

Govt sanctioned Rs 3000 cr for Hyderabad Metro Rail: Rama Rao”

With the creation of large scale public space and street level facilities being developed around the stations on the 30-km stretch of the first phase of the 72-km elevated Hyderabad Metro Rail (HMR) project, Telangana IT Minister K T Rama Rao today said the Hyderabad Metro is readying for launch by month end. The project's concessionaire L&T has written to the state government on cost overruns, but the state government has not made any commitment on the matter, he said.

He, however, said the government had not yet confirmed cost escalation or committed to bear the additional expenditure.

The minister did not give any figure but the revised project cost is estimated to be almost Rs 19,000 crore.

The state government has sanctioned Rs 3,000 crore to the Hyderabad Metro rail project of which Rs 2,240 crore has been spent so far.

The Central Government was providing Viability Gap Funding (VGP) of Rs 1,458 crore.

Official communication on Prime Minister's participation is awaited, he said, hoping that it would come soon.

Noting that the agreement for the project was signed in July, 2012 for completion in five years, he said there has been no "unusual delay".

KTR said Hyderabad Metro Rail would be creating a record because all the other metros in other parts country have begun operating only 11-km route whereas it would be a 30-km route in the capital city.

The MMTS Phase-II is already under implementation for a length of 84.4 km covering four corridors comprising Secunderabad-Moulali-Ghatkesar, Secunderabad-Bolarum-Medchal, Falaknuma-Umdanagar-Airport, Moula Ali-Sanathnagar, Moulali-Malkajgiri-Sitafalmandi and Tellapur-Ramchandrapuram. In another tweet, Rao, who is also the Municipal Administration and Urban Development Minister, posted some more photos with a tweet "Pictures of Miyapur station & depot where the inaugural function is being planned".

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