| Indian Railways News => | Topic started by Mafia on Jul 29, 2013 - 23:59:43 PM |
Title - Under-construction Hyderabad Metro faces local hurdlesPosted by : Mafia on Jul 29, 2013 - 23:59:43 PM |
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L&T Hyderabad Metro Rail Ltd, now executing one of the largest public-private-partnership (PPP) projects in the country, is passing through a busy phase as it seeks to accelerate pace of project implementation and mammoth construction work.The Rs 16,500-crore elevated metro rail project, spanning 72 km across three dense corridors of the twin cities of Hyderabad and Secunderabad, is saddled with challenges of securing ‘right-of-way’ along some of the busy commercial establishments.These bottlenecks are not so much for the developer since the ball is in the Government’s court and it needs to address these issues as a partner in the project.The Andhra Pradesh Government has earmarked about Rs 2,000 crore for spending related to land acquisition (for 269 acres) and other facilitation works. While most of the acquisition of major chunks of land at terminal points has been completed, the acquisition of properties along some of the busy commercial roads is still a matter of concern. |