Construction major Larsen Toubro is building the 71.16-km elevated metro on three corridors. (File photo)
Highlights
- The completion has been delayed by nearly one-and-a-half years
- The 71.6-km elevated metro on three corridors is being developed by L&T
- Developer says they're in touch with Telangana government on the issue
The completion of Hyderabad Metro Rail will be delayed by nearly one-and-a-half years, with the developer now saying that the project is likely to be fully operational by December 2018.
Construction major Larsen Toubro (L&T), which is building the 71.16-km elevated metro on three corridors, today said it was in talks with the Telangana government on the issue.
As per the concession agreement signed with the then government of united Andhra Pradesh in 2010, the project should have been completed by July 2017.
L&T officials attributed the delay to various reasons but said they were trying their best for early completion of the project.
SN Subrahmanyam, Deputy Managing Director and President, L&T, and Chairman, L&T Metro Rail (Hyderabad) Ltd, said they were holding negotiations with the state government.
He was addressing a press conference to announce the appointment of Shivanand Nimbargi as the new chief executive and managing director of L&T Metro Rail Hyderabad Ltd (LTMRHL).