Infrastructure : 12000 Crore Hyderabad Metro Project
NMII Consortium, (Navabharat Ventures Limited, Maytas Infra Limited, Ital Thai Development Public Company Limited and Infrastructure Leasing and Financial Services Limited ) will be building a 71km Metro rail in Hyderabad to boost its infrastructure and little bit help environment as well.
The Andhra Pradesh government has formally issued the ‘letter of award’ in favour of Maytas Infra-led consortium for undertaking the development of Hyderabad Metro Rail Project on design, build, finance, operate and transfer basis.
The consortium, Navabharat Ventures Limited, Maytas Infra Limited, Ital Thai Development Public Company Limited and Infrastructure Leasing and Financial Services Limited (‘NMII Consortium’), will take up the metro project estimated to cost Rs 12,000 crore (approx US$ 3 billion) in Hyderabad.
The project has three lines totaling 71km, which include
Miyapur to LB Nagar - 30 Kms
Jubilee Bus Station to Falaknuma - 15 Kms
Nagole to Shilparamam - 26 Kms+++
Source: Maytas Infra led consortium to develop Hyderabad Metro and here (Financial Express)
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