Archive · 16 Sep 2025
L&T Seeks Exit from Hyderabad Metro Project Citing Losses
L&T, the company that built the Hyderabad Metro in Hyderabad, wants out of the project because they're losing a lot of money, between 6,000 and 6,600 crore.
They say costs went over budget, they have a lot of debt, and the COVID-19 pandemic made things worse.
L&T also claims the government didn't give them the financial help they asked for.
They want to sell their part of the project, called equity, to either the state or the central government so that someone else can run the metro system.
They want a single entity to manage all phases of the project for smooth operation.
L&T has requested to exit the Hyderabad Metro Rail project.
The company cites massive financial losses as the reason.
Losses are attributed to cost overruns, debt, and the COVID-19 pandemic.
L&T says the state government did not provide financial assistance.
L&T proposes selling its stake to a new Special Purpose Vehicle (SPV).
- Who
- Larsen & Toubro (L&T)
- What
- Requested to exit the Hyderabad Metro Rail project
- When
- Not explicitly stated, but the current state is in effect
- Where
- Hyderabad
- Why
- Due to financial losses and lack of government support
L&T's Stance
Government Response
Financial Support
L&T's Stance
L&T states they did not receive financial assistance from the Telangana government.
Government Response
The government's response is not detailed in the provided articles.
- Company
- Larsen & Toubro (L&T)
- Project
- Hyderabad Metro Rail
- Financial Losses
- Rs 6,000–6,600 crore
- Reasons for Losses
- Cost overruns, debt, and pandemic impact
- Government Support
- L&T states they didn't receive financial assistance
- Stake Offered
- To a new Special Purpose Vehicle (SPV)
