L&T seeks Rs.3,756 cr for Hyderabad Metro Rail

L&T Metro Rail Hyderabad Limited (L&TMRHL), the concessionaire for Hyderabad Metro Rail project, has sought additional financial support of Rs.3,756 crore to facilitate completion of the project.

In a letter to the government on October 10, L&TMRHL has appealed for help, stating that the project needs



urgent financial support to tide over the situation and establish financial viability.

It said the project funding was suffering due to reasons beyond the control of L&T or the State government. Hence, assistance is being sought from the Central government as well to sustain the project, L&TMRHL said in the letter.