T Govt agrees to bear additional charges in Metro Project

Posted : November 22, 2014 at 9:09 pm IST by ManaTeluguMovies

metro

The stalemate between the government of Telangana and L&T Company, which is constructing the metro rail project, has finally almost ended as the government assured the company that it would bear the additional cost if the company agreed to change the alignments in the pre-declared metro route.

Metro project’s MD NVS Reddy told media that CM KCR assured to bear the additional charges and they have already started assessing the loss in case the changes are invoked in the route map of metro. “The KCR is keen on building the Hyderabad as universal city. He also mentioned some changes in the pre-designed metro route assuring the additional cost. We’ve started assessing how much it takes and will convey an amount once it is over, and will also go according to that plan” he said.