Head of Hyderabad Metro: DPRs for phase-II are under consideration

07 Feb 2022 CW Team

Hyderabad metro is one among the world’s largest PPP project in the metro sector. Under the stewardship of NVS Reddy, Managing Director, Hyderabad Metro Rail Ltd, the project was successfully commissioned in November 2017. In an interview with CW, Reddy shares more on project, related challenges and policy changes during execution, lessons learnt and much more…

What sets Hyderabad Metro apart among similar urban rail transit projects in the country?
Hyderabad Metro Rail project is a paradigm shift in building Urban Mass Transit Systems with alternate sources of financing. It is the world’s largest Metro Rail project built in the PPP mode. Barring a handful of projects, almost all the Urban Transit systems across the globe are built with government finances. However, out of about Rs 22,000 crore CAPEX on the 69 km Hyderabad Metro Rail project, 90 per cent of it has been raised by the private sector Concessionaire L&T Metro Rail (Hyderabad) Ltd (L&TMRHL) – a first in the world. A lot of financial and engineering innovation has gone into the making of this project with broad-based performance specifications providing the necessary leeway for the concessionaire to incorporate state-of-the-art technology. Further, it is not a simple mass transit project, but is used as an opportunity to facilitate redesigning of an Indian city as a people-friendly green city.

What challenges were faced when the project was changed over to the PPP implementation model after initially having been conceptualised as a purely government-funded project…

Click here to read more on…

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..