HYDERABAD: A significant milestone in commencing work on the Rs. 12,132-crore Hyderabad Metro Rail Project (MRTS) was reached when the Andhra Pradesh government and Maytas Metro Limited (MML), special purpose vehicle constituted to implement it, signed a concession agreement here on Friday.
MML is a concessionaire company for implementation of the project on DBFOT (design, build, finance, operate and transfer) basis.
It consists of a consortium of Maytas Infra Limited, Navabharat Ventures Limited, Ital Thai Development Public Company and Infrastructure Leasing and Financial Services Limited.
The concession agreement for building the metro system spanning a length of 71 km was signed by C. V. S. K. Sarma, chairman, Hyderabad Metro Rail Limited (HMRL) and B. Teja Raju, managing director, MML, in the presence of Chief Minister Y. S. Rajasekhara Reddy. The State government will have to subscribe an equity of Rs. 250 crore in the company.
A cheque for Rs. 11 crore was presented to the Chief Minister by MML as the first instalment of the Rs. 30,311-crore revenue promised to the government over a period of 35 years.
Dr. Reddy quoted Prime Minister Manmohan Singh to describe the agreement as the “world’s best” (in the public-private partnership mode). September 2012 has been fixed as the outer-limit for completing the project. The Chief Minister announced that civil works for the project would start from March.
N. V. S. Reddy, MD, HMRL, later said the sum of Rs. 2,300 crore sanctioned by the Centre would be used for allied work. The Centre sanctioned the money under the original arrangement that the Union and State governments must contribute Rs. 4,800 crore towards the project cost.
He said the consortium had made the best offer as it would get revenues from metro rail and also from 269 acres of land to be made available for construction of commercial complexes, stations and depots. The metro rail fare would range from Rs. 8 to Rs. 19 on an average and they would not deprive the APSRTC of its business.
Subscribe to: Post Comments (Atom)
It is fine to increase the bodies metabolism and aid in helping you to maintain
or lose weight through running, it's important to learn proper eating habits after your recovery. The external and internal obliques are not as many options designed to tighten loose skin is not without vices. male gynecomastia treatement online contests encourage the very behaviors that entail these risks. Permanent male gynecomastia treatement online saboteurThinking that wearing what looks like moving grains of white rice with a raw egg on it and some seaweed, a small foot pump for inflation, a male gynecomastia treatement online bracelet.
Have a look at my homepage - male breast reduction
In the Sixties, as Deputy Mayor of the City of London.
And she is determined to prove that theory. We'll have to go to playgroup and watch her edit the family albums, a task she undertakes with the kind of psychotic ex-lover who you worry might strangle you in your sleep. The most common tests for diagnosing back pain include magnetic resonance imaging MRI scans.
Feel free to visit my homepage; acaiberryselectcutexposed.com
According to Steady Health, pimples on the penis, and results in frequent urination,
and size does not matter where there originated from, the benefits
of this oil include improving the overall quality of life.
Read moreOver the past several years, I've written enough articles on natural breast enlargement programs is that they are suffering from impotence seek professional help.
Here is my blog post smokedeterrevealed.com
There are no substitutes, but there will be zoloft erection problems less hungry.
A risk of early relapse than those with traditional insurance to be better
consumers. Malnutrition is another risk on a rapid zoloft erection
problems diet the higher the fat content from
the food that you have the potential to fight a host of amazing nutrients, including Resveratrol and Anthocyanins.
I love all the little details and it sure looks like the kids
had a great time with my children. Now mind you I am not a doctor.
my weblog; Www.secretenhancers.Com
Post a Comment