L&T Plans To Exit Hyderabad Metro Project Post-2026 Due To Mahalakshmi Bus SchemeLarsen & Toubro (L&T) is planning to sell its stake in the Hyderabad Metro project after 2026 due to the impact of the free bus scheme launched by the Telangana government. The scheme has led to a decrease in metro ridership, making it less financially viable for L&T. L&T currently...
more... owns 90% of the metro project, operating it under a 65-year concession. While L&T has secured a Rs 3,000 crore soft loan from the Telangana government, they are looking into monetizing the project's real estate and potentially selling it to pension funds or global investors by 2031. Despite praising the government's initiative, L&T's CFO expressed concerns about the sustainability of relying on polluting vehicles and the unpredictability of policy decisions based on promises.
Hyderabad Metro project mein apna stake 2026 ke baad bechne ki planning kar rahi hai Larsen & Toubro (L&T). Yeh decision Telangana government ka free bus scheme ke wajah se liya gaya hai, jisse metro ki ridership kam ho gayi hai. L&T ke paas metro project ka 90% share hai...
more... aur yeh 65 saal ke concession ke under operate ho raha hai. L&T ko Telangana government se Rs 3,000 crore ka soft loan bhi mila hai, lekin unhone metro project ki real estate ko monetize karne aur 2031 tak pension funds ya global investors ko bechne ki planning ki hai. Government ke scheme ki tareef karte hue, L&T ke CFO ne pollution-prone vehicles par nirbhar hone aur promises par aadharit policy decisions ki unpredictability par bhi concern express kiya hai.