According to latest reports Rs. 3000 crores are required to complete the Hyderabad Metro rail Project, whereas Telangana government has allocated only Rs.400 crores for it in its latest budget for the current year. Actually, the total cost of the project is estimated as Rs.14, 000 crores but it escalates to 17, 000 crores after CM KCR proposed three major changes in the project route. The realignment of the project costs Rs.3000 crores and the L&T Company is said to be submitted its estimation to the state government as CM KCR has agreed to carry that excess burden. If so, more funds need to be dumped into this project for completion.

L&T Company is reportedly told the government that it is not in a position to invest anymore funds on this project as it already has pumped huge funds into it, but it couldn’t get any returns from it until now. The state government’s decision not to run the metro services in the completed zones of the project is stopping the Company to generate any revenue out of the project, otherwise it would manages to run the show till the government releases sufficient funds.

Hence, it is deliberately looking for the funds release from the government. Hence, the AP government should learn lessons from all these developments taking place in this project and plan accordingly to ensure smooth completion of its two proposed metro projects at Vizag and Vijayawada.