Hyderabad, Sept. 26 -- Bharat Rashtra Samithi (BRS) Working President K Taraka Rama Rao (KTR) criticised the Telangana government's decision to take over the Hyderabad Metro Phase 1 from L&T, expressing concerns over the sudden move without proper consultation or evaluation.
Speaking with ANI, KTR questioned the logic behind the government assuming Rs.15,000 crore of debt, highlighting that L&T was contractually obligated to run the metro till 2070 under a public-private partnership (PPP) model.
KTR said, "This is a troubling decision. There is no logic. While L&T was contractually obligated to Telangana to run this metro in a public-private partnership mode till 2070, I don't understand why the state government has suddenly taken the d...
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