L&T keen to exit from Hyd Metro, cites operational & financial challenges | Hyderabad News
Hyderabad: Larsen and Toubro (L&T), the key stakeholder in Hyderabad Metro Rail phase I, has expressed its willingness to exit from the operations of Hyderabad Metro Rail Limited (HMRL) phase I and not participate in the proposed phase II expansion, citing significant operational challenges and mounting financial losses.In a letter addressed to the ministry of…