Telangana govt forms committee to bail Hyderabad metro

16 Sep 2021 CW Team

The Telangana government has set up a high-level committee to bail out the Hyderabad metro rail, which saw major losses due to the Covid-19 pandemic.

The high-level committee will include members of the Municipal Administrator K T Rama Rao, Vemula Prashanth Reddy and other senior officials. The Chief Minister instructed the committee to submit its report on saving the Hyderabad Metro Rail from incurring losses as soon as possible.

Recently, a firm operating the Hyderabad Metro Rail, Larsen & Toubro (L&T), sought help from the Telangana state government to overcome the losses.

Some officials from L&T had discussed the financial losses of the metro rail, bank loans repayment, mounting interests and requested the state government to come to their rescue.

According to the annual report of L&T, the revenue generated from the operations and other income of the metro rail in the last financial year was Rs 228 crore, including both fare and non-fare revenue, compared to Rs 598.20 crore in FY20.

The Hyderabad metro rail incurred heavy losses of about Rs 1,767 crore in FY21 from the previous year's income of Rs 382 crore on account of disruptions in the operation of the metro rail because of low ridership and fall in real estate operations.

The Chief Minister of Telangana, Kalvakuntla Chandrashekar Rao, has assured the L&T that the state government will support the Hyderabad Metro Rail to get it back on the right pace.

Image Source

Also read: NIIF negotiates with L&T to invest Rs 4k cr in Hyderabad metro

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..