Hyderabad metro rail project is bagged by L&T which was earlier with maytas,but eventually got scrapped off when they couldn't achieve financial closure.
This 71 km elevated metro rail system will be done by a public private partnership and on the concept of design,build,finance,operate and transfer (DBFOT).
Eight other consortia had qualified into it which includes Reliance infrastructure, Lanco infratech, GVK, L&T, Essar group, Soma-strauburg, Transstroy.
Deal is worth 12,132 crores and after bagging this deal their shares have hiked by 2.49%
Ads from Adbrite
No comments:
Post a Comment