Construction major L&T doesn't foresee any problems for the Hyderabad Metro Rail project, irrespective of the city's status after bifurcation of Andhra Pradesh.
The developer of the Rs.14,132-crore premier project believes Hyderabad will continue to grow whether the state remains united or a separate Telangana state is carved out.
"This project is for the city of Hyderabad. We never considered which state. We consider this city will continue to flourish because it has many distinct advantages in the country," said V.B. Gadgil, chief executive and managing director, L&T Hyderabad Metro Rail Ltd. (LTMRHL).
"In my view, Hyderabad is one of the best metros with best infrastructure, airport, outer ring road, flyovers and expressway. I don't think any other metro can compete with Hyderabad," he told reporters here Thursday.
The work on the 72-km elevated Metro Rail project is moving at a brisk pace and LTMRHL is confident of commissioning the first phase March 21, 2015 as per schedule.
"The disturbance may last for a few days or a few months but in the longer run, Hyderabad will continue to require this project. It is a very important one and the city will have a unique opportunity for overall development," Gadgil said.
The central government has intensified efforts to carve out a separate Telangana state but suspense remains on its status in view of the demand from Seemandhra (Rayalaseema and coastal Andhra) that the city be declared a union territory or common capital of Telangana and the residuary state of Andhra Pradesh.
"We are of the firm view that nothing is going to happen to Hyderabad. There is a temporary problem in the city. We all know the conditions very well but in the long run, Hyderabad will do extremely well be it in a united state or a separate state," said Hyderabad Metro Rail Ltd Managing Director N.V.S. Reddy.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
