Telangana Government Bows Down to L&T Demands?

L&T, the concessionaire of Hyderabad Metro Rail Project need 70 MW power per day to operate Metro Rails in the city. But then, L&T is of the opinion that it will get power at a cheaper rate in the open access system than from the Southern Power Distribution Company of the state.

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So, it has intimated the government that it will purchase power from Open Access System. Last to lose it was decided to collect 7 per unit by creating a separate category. But fearing losing a potential customer in HMRL, Government decided to decrease the price.

Now, each unit power supplied to Hyderabad Metro Rail Project will just cost 3.95 Rupees per unit. The 30-km stretch from Nagole to Miyapur is likely to be inaugurated by Prime Minister Narendra Modi on November 28th.