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Urban Development | August 13, 2012
#23285

AP spends Rs 20 bn on metro rail project

Andhra Pradesh Municipal Administration Minister M Maheedhar Reddy informed that the state government was spending about Rs 2,000 crore towards the facilitation of the Hyderabad Metro Rail Project.    The state government hopes to complete the project on schedule by 2017 and works have begun in two phases with 60 pillars being laid, the minister said.    He also said that the state government was monitoring the progress of works to complete the project on time. He was speaking to reporters as part of the 'Praja Hitham' (public interest) programme under which progress report of each department is presented once in a week.    Chief Minister N Kiran Kumar Reddy has sought completion of the project by 2016 itself, following which the state government is making all efforts to remove "bottlenecks" like land acquisition and road widening.    Out of total project cost of Rs 14,132 crore, the centre bears 10 per cent of it, while the private partner L&T shoulders remaining 90 per cent of the cost, he said. On holding municipal elections in the state, Reddy said the government will approach court to conduct the polls as per 2001 Census data as the 2012 data is not available right now.

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