India’s Prime Minister Narendra Modi has inaugurated the first phase of Hyderabad Metro Rail Project on 28 November 2017.
The Rs18,000cr ($2.7bn) project is said to be the world’s largest public-private partnership (PPP) in the metro sector.
After inaugurating the service at the Miyapur Metro Station, the Prime Minister took a 5-km ride in the train to the Kukatpally station.
Commercial operations of the project will begin on 29 November, 2017.
The first phase of Hyderabad Metro will have 24 stations and will cover a 30-km stretch. The Metro is expected to carry 17 lakh passengers each day.
The project has been divided into three corridors: Corridor I Miyapur to LB Nagar, Corridor II JBS to Falaknuma, and Corridor III Nagole to Shilparamam.
The Hyderabad Metro Rail network will cover a total distance of around 72km across the three corridors.
The project will be integrated with existing railway stations, MMTS (the suburban railway network), and bus stations so that seamless and comfortable travel is offered to the passengers.
The Hyderabad Metro Rail Limited was formed in May 2007. A concession agreement was signed between the Andhra Pradesh government (undivided) and Maytas Metro (MML) in September 2008, but the agreement was terminated in July 2009.
In July 2010, financial bids (RFP) were opened for the second time and in September 2010, a concession agreement was signed with LTMRHL (L&T Metro Rail Hyderabad Limited).
The government allotted 104 acres of land at Uppal in January 2011 and handed over another 104 acres to LTMRHL for the Miyapur Depot in March 2012.
Ground works began in April 2012 and LTMRHL appointed Keolis as O&M contractor in May 2012.
In May 2013, the Central government gave final approval to the Viability Gap Funding of Rs1,458cr ($226m).
In July 2017, the commercial operations date was revised to on or before 30 November, 2018.