Narendra Modi to inaugurate Hyderabad metro rail on November 28
The first phase of the project covers a distance of 30 km in two corridors has taken five years to build.
Hyderabad is set to become the latest Indian city to have a metro railway system with Prime Minister Narendra Modi scheduled to inaugurate the elevated Hyderabad metro rail project on November 28. Hyderabad Metro Rail Limited (HMRL) sources said Modi will unveil a pylon at Miyapur metro rail station, the first point on the Mumbai-Hyderabad national highway, to mark the inauguration of the first phase of the project covering a distance of 30 km in two corridors.
The entire metro rail project stretches for 72 km in three corridors. Later, the prime minister will watch a presentation of digital images of the evolution of the railway system in Hyderabad from the days of the Nizam State Railways to the elevated Metro Rail project. He is expected to travel in the metro train for a distance of 13 km along with state governor ESL Narasimhan, chief minister K Chandrasekhar Rao and other officials.
The project will be thrown open to the public two hours after the formal inauguration, sources said.
“We are all ready with all the arrangements for the inauguration. We are just awaiting the final itinerary of the Prime Minister,” a top official of the HMRL said.
Modi will be in the city to inaugurate the three-day Global Entrepreneurship Summit being organised by the US government in collaboration with Niti Ayog, at Hyderabad International Convention Centre in the evening.
One of the biggest metro rail projects in public-private participation (PPP) mode, the 72-km long metro rail project commenced in April 2012 at an initial estimated cost of Rs 14,000 crore. As per the latest estimates, the cost has gone up to over Rs 18,500 crore. The project is being executed by Larsen and Toubro.
Telangana IT minister K T Rama Rao said the state government had sanctioned Rs 3,000 crore to the Hyderabad Metro rail project of which Rs 2,240 crore had been spent so far. The Centre was providing Viability Gap Funding of Rs 1,458 crore and had so far released an amount of Rs 958 crore.
The minister said the State government was also considering taking up Phase II of HMR. The exercise for preparing detail project report for the same would commence shortly.
You might also like
Air India planning to take Rs. 3,250 crore loan for urgent capital needs
Under a turnaround plan approved by the previous UPA regime, Air India is to receive up to Rs. 30,231 crore from the government subject to meeting certain performance thresholds. Air
Riya Travel partners with Travel Marketplace to bring greater innovation and choice
Riya Travel, one of India’s largest and most trusted travel companies with an extensive presence across retail, corporate, and B2B segments, has announced its partnership with Amadeus South Asia for
2017 is the “Year of the Wild” for Karnataka Tourism
Today, more than ever before, travel is becoming less about the destination, less about the journey and more about how and what we do. People are opting for ‘beyond the
