Metro for sale

[csrcsr]

 

[csrcsr]

Emina problem avutada??

[MRI]

aa @Anta Assamey ekki ammayilani pisikaadu.. vaallu raavatledu.. ammayilu leka povadam valla abbayilu vaadatledu.. overall, loss.. 

[bluebadger]

3 hours ago, csrcsr said:

Emina problem avutada??

emavtadi nothing - govt full support chesindi to build the project - land acquisitions, clear cheyyatam etc - ipudu eedu ammuku dobbutaadu - next vocche vaadu rates penchutaadu - petrol rates lagane janaal alavaatu padataaru slowly 

[Aryaa]

Vizag private apadaniki KTR garu poratam chesta annadu. Idi Em chestadu 

[Ryzen_renoir]

27 minutes ago, Aryaa said:

Vizag private apadaniki KTR garu poratam chesta annadu. Idi Em chestadu 

It is already a private metro , not comparable .

More like krishnapatnam , gannavaram sale 

[bluebadger]

2 minutes ago, Ryzen_renoir said:

It is already a private metro , not comparable .

More like krishnapatnam , gannavaram sale 

agreed its a private entity 

[Epic]

Larsen & Toubro Ltd (L&T), India’s largest engineering company, plans to sell its non-core assets - 1400 megawatt (MW) Nabha thermal power project in Punjab, the Hyderabad Metro, and L&T Infrastructure Development Projects Ltd (L&T IDPL), the subsidiary having road projects and power transmission lines, the company said in a statement on Tuesday.

The proposed sale comes in the backdrop of a growing focus on environment, sustainability and governance.

[grogu]

[snoww]

Adani 's ki interest leda metro 's meeda. 

[snoww]

On 8/31/2021 at 10:57 PM, csrcsr said:

Emina problem avutada??

It's a private company which is selling part of its share to another private company. But will need government permission.

pre covid 4 lakhs per day vunde anta commuters. Now 1 lakh. 

I doubt if there will be any more metro routes expansion in next 10 years 

[hyperbole]

1 hour ago, snoww said:

It's a private company which is selling part of its share to another private company. But will need government permission.

pre covid 4 lakhs per day vunde anta commuters. Now 1 lakh. 

I doubt if there will be any more metro routes expansion in next 10 years 

They backed off long time ago from phase 2(actually never part of phase 2), next phase of metro is being funded by government. Govt is very serious about air port expansion, last  week GMR pledged 500Cr as their share (total cost 5k crores) since GMR started airport city project(commercial office, hotels, convention center and malls)

 

https://www.business-standard.com/article/companies/gmr-to-invest-rs-500-cr-in-metro-rail-link-project-to-hyderabad-airport-121090100348_1.html

[hyperbole]

It’s like any private investment, like GMR sold part of their stake in hyd airport,  L&T is shopping to sell in part or in full to pay off the debt(13k crores). The break even for them is 5 lakh passengers per day, last 20 months have been dreadful.  They still own prime land in Hitech city and in Uppal as part of the deal that could fetch them few hundred crores