Andhra to invite fresh bids for metro project this week
The Andhra Pradesh government will be inviting fresh global bids for the quagmired Hyderabad Metro Rail (HMR) Project on July 16. The government had, last week, cancelled the project awarded to Maytas Infra, as the company could not achieve financial closure even three months after the deadline expired.
The process would be completed by November 15, municipal administration minister Aanam Ramanarayana Reddy said.
“We want to put the metro on tracks within the next three to four years,” he said. The minister was speaking after a high-level review meeting on the HMR Project, chaired by chief minister of Andhra Pradesh Y S Rajasekhara Reddy.
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The process would be completed by November 15, municipal administration minister Aanam Ramanarayana Reddy said.
“We want to put the metro on tracks within the next three to four years,” he said. The minister was speaking after a high-level review meeting on the HMR Project, chaired by chief minister of Andhra Pradesh Y S Rajasekhara Reddy.
To read the full article, click here..
To read the ePaper, visit: http://e.mydigitalfc.com
Labels: andhra pradesh cm, andhra pradesh government, fresh global bids, hmr project, hyderabad metro rail project, maytas infra, metro rail in hyderabad

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