Hyderabad Metro Rail Limited HMRL - Time Line

The Hyderabad Metro Rail Project is the world's largest Public Private Partnership Project (PPP) in the metro sector.

Posted on Mar 13, 2019 10:40 IST in Banking & Financial Awareness.

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HYDERABAD METRO RAIL LIMITED (HMRL)

  • World’s largest PPP in metro sector
  • Covering total distance of 72 kms
  • Connects major offices, retail and residential areas
  • Expected to carry 2.2 million passengers per day by 2024

The Hyderabad Metro Rail Project is the world's largest Public Private Partnership Project (PPP) in the metro sector. The metro network will cover a total distance of around 72 Km across three corridors, transporting Hyderabad to the future. The project brings together 'best in class' resources and technology in every aspect of the project - Stations, Station Planning, Rolling Stock, Track Work, Depots, AFC, Power Supply, Traction And SCADA System, Signalling And Train Control System, Telecom System, MEP. The project is estimated to cost Rs 14, 132 crores (US$ 2.01 billion).

Company Website: http://www.ltmetro.in

Hyderabad Metro Rail Limited (HMRL) – World’s largest PPP in metro sector

2018Surpasses 20 million ridership milestone
2017Hyderabad Metro Rail inauguration by Prime Minister Narendra Modi
2016Commissioner of metro rail safety (CMRS) authorisation for opening of 8.05 km long elevated section
2015Approval of Signalling and Telecom system of Hyderabad Metro Rail project by Railway Board
2013Final approval of Viability Gap Funding of Rs 1,458 crore by the Centre
2012Formal inauguration of Metro Rail works by the Chief Minister of Andhra Pradesh (undivided)
Commencement of ground works by the concessionaire.
2011Financial Closure, submission for Escrow, Substitution Agreement, Common Loan Agreement.
Allotment of 104 acres of land at Uppal
2010Concession Agreement signed with LTMRHL (L&T Metro Rail Hyderabad Limited).
2010Financial bids opened for second time
2007Formation of Hyderabad Metro Rail Limited

 

 

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