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Monday, 17 November 2014

Metro Rail Alignment changes costing additional 1000 Crores





Metro Rail Alignment changes are costing 1000 Crores to Telangana Statement Government, Telangana State Govt proposed 3 location Alignment changes to L&T Metro Rail Project Development for which L&T agreed with a condition of Telangana State Govt  bearing the additional project cost which is incurred for alignment changes.  Actual Project estimated cost is 14,132 crores , now the project cost is increased  to 15,132 crores after the alignment changes consideration, i.e, 1000 crores difference. As agreed difference amount 1000 crores should bear by Telangana Statement Government.

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