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L&T to exit Hyderabad Metro project as Cong govt's free bus ride scheme hits passenger volume

L&T to exit Hyderabad Metro project as Cong govt's free bus ride scheme hits passenger volume

May 13, 2024, at 02:26 am

Hyderabad: Infrastructure and engineering firm L&T is mulling offloading its stake in the Hyderabad Metro project after 2026, citing the free bus rides offered by the Congress government, media reports said.

L&T aims to divest stake in Hyderabad Metro in 2.5 yrs: Report

L&T aims to divest stake in Hyderabad Metro in 2.5 yrs: Report

Nov 02, 2023, at 04:22 am

Mumbai: Engineering and construction major Larsen & Toubro (L&T) aims to sell its share in the Hyderabad Metro project within the next two, or possibly two and a half, years, Moneycontrol reported.