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Blog Entry# 6072108
Posted: May 21 (20:43)

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Metro
HM/Hyderabad Metro
May 21 (20:43)   Hyderabad Metro Project Faces Financial Crisis: L&T Seeks Exit, Government Blames Inefficiencies

DrAbhijay2407   380 news posts
Entry# 6072108         Tags   Past Edits
Political heat rises as L&T links free bus scheme to metro rail woes

The Hyderabad Metro Rail project, operated by L&T Metro Rail Hyderabad (L&TMRH), has faced financial difficulties. L&T has repeatedly expressed its desire to exit the project, citing losses and attributing them to the free bus travel scheme for women in Telangana. The government, however, claims that the losses are due to...
more...
high debt and operational inefficiencies, not the free bus scheme. L&TMRH has incurred significant losses, with revenue from fare collection not enough to cover operational costs. The company is seeking to monetize assets, such as malls and land parcels, to reduce debt. The government, however, is unlikely to provide further financial assistance after the public spat with L&T. The future of the project remains uncertain, with both sides facing challenges in reaching a solution.

Hyderabad Metro Rail project, jo L&T Metro Rail Hyderabad (L&TMRH) ke dwara chalaya ja raha hai, usko financial difficulties aa rahi hain. L&T ne baar-baar project se nikalne ki chah dikhaayi hai, aur iski wajah losses di ja rahi hai, aur yeh bhi kaha ja raha hai ki Telangana mein mahilaon...
more...
ke liye free bus travel scheme se yeh losses ho rahe hain. Lekin government ka kehna hai ki yeh losses high debt aur operational inefficiencies ki wajah se hain, free bus scheme ki wajah se nahi. L&TMRH ko bahut bada loss hua hai, aur fare collection se aane wala revenue operational cost ko cover nahi kar pa raha hai. Company apni assets, jaise ki malls aur land parcels, ko monetize karne ki koshish kar rahi hai, taaki debt ko kam kiya ja sake. Lekin government ne L&T ke saath public spat ke baad, further financial assistance dene ki sambhavna kam dikhaayi hai. Project ka future uncertain hai, aur dono taraf se solution nikalne ke liye challenges hain.

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