L&TMRH MD KVB Reddy said they are going to spend another Rs 2,500 crore for the Metro Rail Project

Hyderabad: L & TMRH CEO and MD K V B Reddy said that in addition to the Rs 13,000 crore amount spent on the Metro Rail Project another Rs 2,500 crore they are going to spend for the completion of the project.

Interacting with media with HMR MD N V S Reddy he said that the fares in the Hyderabad metro will be accordingly with the other metros in the country.

He said that the HMR MD requested us to give concession in the fares and as soon as possible the smart cards ticket system will be enhanced largely and they were thinking on the discounts in the fares. He said after completing all the lines only the profit and the revenue from the project can be estimated.