Metro Rail sends SoS to T government, says incurring Rs 5 crore loss everyday

[Swatkat]

Is the prestigious Hyderabad Metro Rail in the throes of a massive financial crisis? Is it suffering such huge losses that running it without a bailout package from the government is virtually impossible? This is the sum and substance of the letter written by a key leader of the Hyderabad metro rail.
 

 

The letter reportedly claimed that the Metro Rail was suffering a daily loss of up to Rs 5 crore. In the quarter ending September 2021, the Metro Rail has suffered a whopping loss of Rs 144 crore. The sales at the stalls and the food joints too have come down considerably. Not just that. Even the number of commuters has come down drastically.  At this rate, the metro official said that running the services was unviable. He said that unless the government chips in, it would be difficult to run the service.
 

 

The Metro official reminded that the Metro rail was built under the Public-Private Partnership model. The builder is the renowned infra company – the L and T company. He reportedly gave complete details about the losses that the L and T was incurring. The letter further says that the Metro authorities have taken these issues to the notice of KCR at a meeting held on September 14.

The letter also reminded that the CM has ordered the constitution of a high-powered committee to address the issues raised by the Metro Rail. However, there is no further development about this, the Metro official said in the letter. Interestingly, the L and T is tight-lipped about the letter. It is neither denying nor confirming about the authenticity of the letter.

[Telugodura456]

Rich state baadhalu. Metro rail was built by L and T without taking a single paisa from govt for capital of andhra pradesh not the small state of TG. Inka telugu prajalu enni soodalo ittantivi.

[Swatkat]

@JackSeal fafam hideout lo unav vere id tho vachav malli musalodi id lo ra. Me rich state ki enni kastalo. Hi @nallaberry

[Battu123]

enti swatty matter already metro vadu handsup annaduga  

[Battu123]

covid debbaki dukanam bandh 

[Swatkat]

16 minutes ago, Battu123 said:

covid debbaki dukanam bandh 

Inka covid endhi? 

[Battu123]

Just now, Swatkat said:

Inka covid endhi? 

Niku news ippude telisinda appati news chudu already dukanam bandh metro vallu 

[k_bob]

Pea sized intellectuals showing practical proof for DLM . How is Vijayawada Metro btw . calling @hathirambalaji urff @nallaberry

[Ryzen_renoir]

Each and every metro is facing huge loss due to pandemic . Hyderabad is middle of the road in terms of viability 

Delhi metro which has huge central gvot funding , still faced losses 

https://www.urbantransportnews.com/news/delhi-metro-reported-rs-1785-crore-loss-in-fy2020-21

Chennai metro is one of the worst planned project operated by state govt and facing loss even in non pandemic years . I haven't seen a packed Chennai metro rail  even during peak hours  

https://timesofindia.indiatimes.com/city/chennai/one-year-on-cmrl-logs-rs-715-crore-loss-in-fy-2018-19/articleshow/73727147.cms 

Pretty sure they will recover slowly after few years .  state govts won't allow drastic incre6 in fares , so some sort of bailout is expected

[Ryzen_renoir]

2 hours ago, Telugodura456 said:

Rich state baadhalu. Metro rail was built by L and T without taking a single paisa from govt for capital of andhra pradesh not the small state of TG. Inka telugu prajalu enni soodalo ittantivi.

Hyderabad lanti city lo metro ki viability ledhu , inka maa lokesam vachi private industry leni vijaywada metro anta 

Each year the losses would have run into hundreds of crores 

[Telugodura456]

8 hours ago, Ryzen_renoir said:

Hyderabad lanti city lo metro ki viability ledhu , inka maa lokesam vachi private industry leni vijaywada metro anta 

Each year the losses would have run into hundreds of crores 

pakka kelli troll chesuko. This is not about lokesh or vjw. Loki is hyping it up but he has a base on which they are hyping it - the development of hyd in 98-04. But not the topic here.

[Telugodura456]

9 hours ago, Ryzen_renoir said:

Each and every metro is facing huge loss due to pandemic . Hyderabad is middle of the road in terms of viability 

Delhi metro which has huge central gvot funding , still faced losses 

https://www.urbantransportnews.com/news/delhi-metro-reported-rs-1785-crore-loss-in-fy2020-21

Chennai metro is one of the worst planned project operated by state govt and facing loss even in non pandemic years . I haven't seen a packed Chennai metro rail  even during peak hours  

https://timesofindia.indiatimes.com/city/chennai/one-year-on-cmrl-logs-rs-715-crore-loss-in-fy-2018-19/articleshow/73727147.cms 

Pretty sure they will recover slowly after few years .  state govts won't allow drastic incre6 in fares , so some sort of bailout is expected

Chennai metro too expensive tickets and chennai people are not wealthy anyway. Anyway in all those metros capex came from govt or govt guarantees. hyd metro it came from L and T and delhi not involved at all. Entire burden on state.

[Ryzen_renoir]

33 minutes ago, Telugodura456 said:

Chennai metro too expensive tickets and chennai people are not wealthy anyway. Anyway in all those metros capex came from govt or govt guarantees. hyd metro it came from L and T and delhi not involved at all. Entire burden on state.

Chennai and Hyderabad are almost neck to neck in per capita income , not sure what you are trying to imply 

But metro is out of reach for bottom 50% and end connectivity just sucks 

 

[Ryzen_renoir]

40 minutes ago, Telugodura456 said:

pakka kelli troll chesuko. This is not about lokesh or vjw. Loki is hyping it up but he has a base on which they are hyping it - the development of hyd in 98-04. But not the topic here.

Perhaps he should convince the people of Hyderabad and not use this shut about hydrerabad in present andhra 

[paaparao]

9 hours ago, Ryzen_renoir said:

Hyderabad lanti city lo metro ki viability ledhu , inka maa lokesam vachi private industry leni vijaywada metro anta 

Each year the losses would have run into hundreds of crores 

nee bokka. TRS vochi Metro ki emi chesindi. funding lekapoina atleast viability life line supinchochu kaa...self agend pettukoni edvadam thappa paisa ku upayogam ledu nee postlu lambidi kodaka.