+
Vivekanand Says Metro Takeover Costs Rs 20 Million a Day
RAILWAYS & METRO RAIL

Vivekanand Says Metro Takeover Costs Rs 20 Million a Day

K P Vivekanand Goud, BRS Legislature Party whip and Quthbullapur MLA, said the Chief Minister's rush to take over the Hyderabad Metro Rail from Larsen & Toubro (L&T) was costing the state government Rs 20 million (mn) a day and demanded an explanation for what steps had been taken after recent talks at the Centre. He made the remarks at a press meeting in Hyderabad and framed the issue as having serious fiscal and operational consequences.

He criticised a series of policy moves including the setting up of HYDRAA, the Metro Rail exercise, the HILT policy and efforts to clean the Musi river, and said each decision was resulting in one form of destruction or another. He said a large question mark now hung over the future of Metro Rail and that the Chief Minister was merely writing letters to the Centre rather than taking decisive action. He urged authorities to publish timelines and cost estimates to enable public scrutiny.

He said that, had the Chief Minister been serious about the system, the proposed Rayadurgam to RGI Airport line would not have been cancelled, and he warned that decisions to date were jeopardising the operations of existing services. The lawmaker said the takeover drive and the cancellation of planned expansion had created uncertainty among stakeholders and could affect passenger services and project timelines.

He pressed for a clear statement on measures being pursued after the discussions at the national capital and called for transparency on the financial impact of the takeover, including daily expenditure figures. The matter, he added, demanded a prompt official response to reassure commuters and investors about the viability of Metro Rail in the city. He also sought assurance that commuter safety and service frequency would not be compromised during the transition.

K P Vivekanand Goud, BRS Legislature Party whip and Quthbullapur MLA, said the Chief Minister's rush to take over the Hyderabad Metro Rail from Larsen & Toubro (L&T) was costing the state government Rs 20 million (mn) a day and demanded an explanation for what steps had been taken after recent talks at the Centre. He made the remarks at a press meeting in Hyderabad and framed the issue as having serious fiscal and operational consequences. He criticised a series of policy moves including the setting up of HYDRAA, the Metro Rail exercise, the HILT policy and efforts to clean the Musi river, and said each decision was resulting in one form of destruction or another. He said a large question mark now hung over the future of Metro Rail and that the Chief Minister was merely writing letters to the Centre rather than taking decisive action. He urged authorities to publish timelines and cost estimates to enable public scrutiny. He said that, had the Chief Minister been serious about the system, the proposed Rayadurgam to RGI Airport line would not have been cancelled, and he warned that decisions to date were jeopardising the operations of existing services. The lawmaker said the takeover drive and the cancellation of planned expansion had created uncertainty among stakeholders and could affect passenger services and project timelines. He pressed for a clear statement on measures being pursued after the discussions at the national capital and called for transparency on the financial impact of the takeover, including daily expenditure figures. The matter, he added, demanded a prompt official response to reassure commuters and investors about the viability of Metro Rail in the city. He also sought assurance that commuter safety and service frequency would not be compromised during the transition.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code