Metro Rail News Online

Hyderabad: Construction and infrastructure major L&T hinted at investing about Rs 2500 crore more to complete the ongoing Hyderabad metro rail project. As a concessionaire, L&T has thus far invested about Rs 13,000 crore of the Rs 14,132 crore elevated metro rail project taken up under the public, private partnership. And the Telangana Government has invested more than Rs 2300 crore for land acquisition, right of way and related infrastructure to facilitate the project completion. Of the 72 km elevated metro rail, thus far a stretch of 45 km spanning two corridors has been completed, and the stretch connecting the Hitec City, the IT hub of Hyderabad, is at the advanced stage of completion. According to NVS Reddy, Managing Director of Hyderabad Metro Rail Limited (HMRL) and KVB Reddy, Managing Director and CEO of L&T Metro Rail Hyderabad Limited, efforts are on to complete the Hitec City stretch by December and the third corridor between Secunderabad and MGBS, by the sec...

Hyderabad: The Hyderabad Metro Rail Ltd (HMRL) , touted as the largest Metro project in the world to be implemented in the public-private partnership (PPP) mode, has put to rest questions about its viability, clocking a daily ridership of two lakh per day, as against estimates of 60,000 passengers a day. The city’s response to the mass transit system has also raised the likelihood of the project breaking even in the next six-seven years. The L&T Metro Rail (Hyderabad) Ltd (L&TMRHL) , the concessionaire for Phase I of the project, expects to complete 66 km of the total 72-km elevated network by mid-2019 – there is some uncertainty at present about the leftover stretch, with talk doing the rounds that the Telangana government would like to execute it in place of the concessionaire. A 16-km stretch between Ameerpet and LB Nagar was operationalized late last month, completing Corridor One that extends from Miyapur to LB Nagar (29 km) . Says NNVS Reddy, MD, HMRL, ...

Hyderabad: Ridership on Day 1 on -LB Nagar stretch crossed 19,000 as per the data given by the L&T Metro Rail (Hyderabad) Limited (LTMRHL) authorities. On the inaugural day commuters gave thumbs up to the metro line. The ridership figures are definitely encouraging and Hyderabad Metro officials are confident that the numbers will go much higher than this. It was this week that commercial services of metro began on the Ameerpet -LB Nagar stretch. In the very first day, metro ran 71 trips in both directions. The numbers are very encouraging and show that people in the city are using metro services over other modes of public transport. The operations began at 6 am in the morning and last train departed at 10.30 am. With the stretch becoming operation a total of 270 trips will be made in both direction post inaugural of the Hyderabad Metro line. The 16-km stretch will officially inaugurated on Monday. Governor E.S.L. Narasimhan flagged off the metro train from the Ameerpet metro inter...

Hyderabad: L&T gets an extension on repayment deadline from financial lenders for Hyderabad Metro Rail project. The company is also in talks with state government relating to the escalating project cost. Hyderabad Metro is heading towards completion by March 2019. This is almost a year and a half after the preliminary programmed schedule of July 2017. The lenders have given L&T more time for commercial operation up to July 2019, with a corresponding enhancement in loan stage. As per the schedule revised, L&T will start repayment of the loan from 30th September 2020. With this extension corresponding cost delays is also estimated for claiming compensation, based on the L&T"s annual statement to its shareholders. Looking at the cost of implementing the 72km rail project, the estimated cost comes to ₹16,375-crore for the elevated metro rail project. This is entire project covers over 6 million sq ft of transit-oriented development. The project is financed via a term ...

Hyderabad: A year and a half ago started the Hyderabad metro rail project poised for completion by March 2019. The lenders take more time than usual in construction major L&T more time for commercial operation up to July 2019, with a corresponding increase in loan period. From 30 September 2020, the loan repayment will start as per the revised schedule, the metro rail project, being implemented by concessionaire L&T. Even though the corresponding cost implication due to delays in securing the right of way to implement the project is being assessed for claiming compensation, according to L&T"s annual statement to its shareholders. The total cost of project ₹16,375-crore elevated metro rail project under implementation which covers the 72 km rail and 6 million sq ft of transit-oriented development. This is being funded by a term loan of ₹11,478 crore, equity share capital of ₹3,439 crore and a Viability Gap Fund from the government of ₹1,458 crore. In ...

HYDERABAD: Prime minister Narendra Modi in November last year inaugurated a stretch of Hyderabad Metro which was between Miyapur and Nagole. The 30 km stretch which was out of the 72 km long elevated metro project consisting 24 stations. This project is being built across the three corridors by the concessionaire L&T metro rail (Hyderabad) limited HMRL. A top official today said that the Hyderabad Metro Rail Limited (HMRL) project expects to break even in six years. After launching e-scooters of Metro Bikes for first and last mile connectivity at metro stations NVS Reddy, HMRL Managing Director told reports that as per our financial model, L&T Metro Rail (Hyderabad) Limited will incur losses for about four-five years and the sixth year it will break even that’s what our expectation is. HMRL Managing Director told reports that as per our financial model, L&T Metro Rail (Hyderabad) Limited will incur losses for about four-five years and the sixth year it will break ev...

New Delhi: L&T Construction (a subsidiary  of L&T Group of companies) has secured a contract of Rs 3,191 crore for the construction of a railway line of Dhaka Metro. The company gave this information today. The joint venture of L&T Construction and Japan’s Marubani Corporation got this contract in the international bidding process. The company told the Bombay Stock Exchange that L&T Construction got a contract of Rs 3,191 crore for the electrical and mechanical system package of Dhaka Mass Rapid Transit Development Project (MRT-Line 6). They got this contract from the Dhaka Mass Transit Company (DMTC) which includes construction and design of Line-6, first metro route of the the mass rapid transit system in Bangladesh. Japan International Corporation Agency (JICA) is offering funding for this project. L&T Construction has also received contracts worth Rs 4,033 crore in the domestic market. L&T Construction’s building and factory business got o...

New Delhi: L&T Construction (a subsidiary  of L&T Group of companies) has secured a contract of Rs 3,191 crore for the construction of a railway line of Dhaka Metro. The company gave this information today. The joint venture of L&T Construction and Japan’s Marubani Corporation got this contract in the international bidding process. The company told the Bombay Stock Exchange that L&T Construction got a contract of Rs 3,191 crore for the electrical and mechanical system package of Dhaka Mass Rapid Transit Development Project (MRT-Line 6). They got this contract from the Dhaka Mass Transit Company (DMTC) which includes construction and design of Line-6, first metro route of the the mass rapid transit system in Bangladesh. Japan International Corporation Agency (JICA) is offering funding for this project. L&T Construction has also received contracts worth Rs 4,033 crore in the domestic market. L&T Construction’s building and factory business got o...

Mumbai: The Larsen & Toubro Ltd (L&T) awarded contract for electrical system works pertaining to power supply for the Colaba-Bandra-Seepz Metro 3 project of Mumbai Metro Rail Corporation Limited (MMRC). MMRC signed a System Contract Agreement (SCA) with L&T Ltd. on Friday. The contract was signed by A. A. Bhatt, Director (Systems) of Mumbai Metro Rail Corporation and Puneet Arora on behalf of Larsen & Toubro Ltd. This contract package covers work of design, installation, testing and commissioning of power supply works including receiving sub-stations, 110kV cabling works, traction sub-stations, switching stations, auxiliary main sub-stations, SCADA system and integration with other systems. “Power supply works is a critical component of Metro 3 implementation. We aim to implement robust and technologically advanced power supply system for Metro-3 and complete the works in time so that the 3 project can be completed within stipulated timelines”, said...

Mumbai: The Larsen & Toubro Ltd (L&T) awarded contract for electrical system works pertaining to power supply for the Colaba-Bandra-Seepz Metro 3 project of Mumbai Metro Rail Corporation Limited (MMRC). MMRC signed a System Contract Agreement (SCA) with L&T Ltd. on Friday. The contract was signed by A. A. Bhatt, Director (Systems) of Mumbai Metro Rail Corporation and Puneet Arora on behalf of Larsen & Toubro Ltd. This contract package covers work of design, installation, testing and commissioning of power supply works including receiving sub-stations, 110kV cabling works, traction sub-stations, switching stations, auxiliary main sub-stations, SCADA system and integration with other systems. “Power supply works is a critical component of Metro 3 implementation. We aim to implement robust and technologically advanced power supply system for Metro-3 and complete the works in time so that the 3 project can be completed within stipulated timelines”, said...

Mumbai: The Mumbai Metro Rail Corporation (MMRC) opened two key contracts for the electrical system works of 25 kV Traction and Power supply system for Colaba-Bandra-Seepz Metro III project after obtaining clearance from JICA on Wednesday. L&T was lowest bidder, therefore M/s Larsen & Toubro Limited’ has been awarded the work as per procurement norms. Ashwini Bhide, Managing Director (MD), MMRC said, “Traction & Power supply works is a critical component of Metro 3 implementation. We aim to implement robust and technologically advanced Traction & power supply system for Metro Line III and complete the works in time so that Line III project can be completed within stipulated timelines.” MMRC designed the work in two packages to achieve faster execution of the project. The works consists of setting up three Receiving sub-stations (RSS), laying Overhead Rigid conductor system in Underground tunnel alignment of 33.5 km route length  and other cons...

Mumbai: The Mumbai Metro Rail Corporation (MMRC) opened two key contracts for the electrical system works of 25 kV Traction and Power supply system for Colaba-Bandra-Seepz Metro III project after obtaining clearance from JICA on Wednesday. L&T was lowest bidder, therefore M/s Larsen & Toubro Limited’ has been awarded the work as per procurement norms. Ashwini Bhide, Managing Director (MD), MMRC said, “Traction & Power supply works is a critical component of Metro 3 implementation. We aim to implement robust and technologically advanced Traction & power supply system for Metro Line III and complete the works in time so that Line III project can be completed within stipulated timelines.” MMRC designed the work in two packages to achieve faster execution of the project. The works consists of setting up three Receiving sub-stations (RSS), laying Overhead Rigid conductor system in Underground tunnel alignment of 33.5 km route length  and other cons...

Hyderabad: L&T, the concessionaire of the first phase of the Hyderabad Metro Rail project, is not interested in starting the second phase of the project in which the Metro Rail will be linked to the Shamshabad airport. The concessionaire experience several problems with the government during the execution of the first phase. The another reason for not taking interest on further metro project could be lot of political interference in execution of this project as this project is being executed on PPP model. And now, there are even doubts about the viability of the project and, therefore, L&T is not interested in participating in the project. If L&T is not interested, the government will look for others to develop the link, probably through open tenders. A feasibility study of the 30.3 km Metro Metro link, which connects the Raidurg Metro station in Hyderabad with the Shamshabad airport, had been completed. The report is before the Chief Minister, who will make a final decisio...