Elevated Metro rail to be cost effective: HMRL MD

HYDERABAD: The proposed elevated Metro in Hyderabad is set to be a cost-effective solution compared to underground constructions, according to NVS Reddy, the managing director of Hyderabad Metro Rail Limited (HMRL) and Hyderabad Airport Metro Limited (HAML).

Addressing a press conference following the state Cabinet’s approval of expansion plans for Hyderabad Metro Rail, NVS Reddy said that the elevated Metro construction is estimated to cost around Rs 250 crore-plus per km, significantly lower than the underground Metro’s cost of Rs 800 crore to Rs 1,000 crore per km.