Hyderabad metro rail may likely be extended by 3.2 km if the Telangana government goes ahead with the alignment changes in the old city area.
Speaking to mediapersons here today, Hyderabad Metro Rail (HMR) managing director NVS Reddy said:"The local representatives in the old city have proposed an alternative route to the government. If it is accepted by the state government, its (the metro rail) length would go up by 3.2 km."
Reddy, however, said there would not be any change in the metro's length due to the alignment changes in the busy Sultan Bazar and near the Assembly.
According to the initial plan, the metro was designed to cover a length of 72 km across three corridors in the city.
To a query on the compensation to the project concessionaire (L&T) due to the proposed new alignment, he said,"Whatever they are (changes), the government of Telangana will compensate L&T for that".
Earlier, speaking to mediapersons, L&T Hyderabad Metro Rail Ltd chief executive and managing director VB Gadgil said the Hyderabad metro rail was estimated to face a cost escalation of Rs 2,500-3,000 crore, mainly on account of rising costs of borrowing. The project was initially estimated at Rs 14,132 crore.
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
)