"Metro works progress is pretty good and it is going as per schedule...before the end of December this year we will start the Ameerpet to Hi-Tec City line," he said.
With the operationalisation of a 16-km stretch of Hyderabad Metro Rail between Ameerpet and L B Nagar in September this year, Hyderabad Metro Rail is covering 46 km and has become India's second largest Metro Rail network, next only to Delhi.
Reddy said the Hyderabad Metro Rail project has been adjudged the 'Best Urban Mass Transit Project' by the Centre and the award of Excellence was presented to him and L&T Metro Rail (Hyderabad) Limited MD K V B Reddy jointly during the Urban Mobility India Conference held in Nagpur Sunday.
The Housing and Urban Affairs Ministry has appreciated the "unique" features of Hyderabad Metro project and said it was an outstanding project with lot of engineering and financial innovations, according to N V S Reddy.
"Hyderabad Metro Rail has emerged as a successful example of Public Private Partnership initiative. It is an urban redesign and rejuvenation effort to transform the city into a people friendly green environ.
Robust structural design, land pooling and other modes of revenue generation are other noteworthy features of the project, reads the citation of the Ministry of Housing and Urban Affairs.
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