The Hyderabad Metro Rail project has incurred losses amounting to Rs 405 crore. Hopes for profitability have not been realized even after the first phase of the metro project, belonging to L&T, was handed over to the government.
The Hyderabad Metro Rail continues its streak of losses. The ongoing stalemate in the project handover process for several months has further exacerbated these financial setbacks.
It was anticipated that the project would become profitable after its transfer to the government. However, these expectations have not been met.
Currently, the metro rail project is facing financial challenges. Officials need to address this situation promptly.
