L&T Mulls Exiting Hyderabad Metro

14 May 2024 CW Team

Larsen & Toubro (L&T) is contemplating the possibility of exiting the Hyderabad Metro project as the business suffers from the adverse effects of free bus rides offered by the state government. The company is evaluating its options amid financial challenges caused by reduced metro ridership due to the availability of free bus transportation.

The decision to potentially exit the Hyderabad Metro project comes as a result of declining revenues and profitability, attributed to the state government's initiative of providing free bus rides to commuters. This move has led to a significant decrease in metro ridership, impacting L&T's revenue streams and overall business viability.

L&T's consideration of exiting the Hyderabad Metro underscores the challenges faced by infrastructure developers in navigating regulatory and competitive landscapes. The company's decision will have implications for the future of the metro project and its stakeholders, including commuters and investors.

Hyderabad Metro, a significant urban transportation project, plays a crucial role in enhancing connectivity and easing traffic congestion in the city. However, the viability of the project is now in question due to the financial constraints imposed by the availability of free bus rides.

L&T's potential exit from the Hyderabad Metro project highlights the need for a sustainable business model that can withstand external disruptions and government policies. It also underscores the importance of collaboration between public and private sectors to ensure the success and sustainability of large-scale infrastructure projects like the Hyderabad Metro.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..