Hyderabad, India (Urban Transport News): The Telangana government has decided to drop its ambitious plans to implement the elevated bus rapid transit system (EBRTS) project from Kukatpally Housing Board (KPHB) to Narsingi covering the IT corridor.
The decision has come after Hyderabad Metro Rail (HMR) concessionaire and developer L&T Metro Rail (Hyderabad) Limited, which is suffering from huge financial losses, now seeking a bailout plan from the state. Hence, the government had to stop its EBRTS plans.
The elevated bus rapid transit system (EBRTS) was initially planned from KPHB to Financial District covering about 15 km and later decided to extend it to Narsingi covering a distance of 25 km. The estimated cost of the project was Rs 2,400 crores. Initially, it was planned to develop in Public-Private Partnership (PPP) model.
“HMR was attracting passengers between Ameerpet and Rayadurg areas, but after the pandemic, many IT companies have started implement work from home for their employees,” an official of municipal administration department said, TOI reported.
The Central Government is encouraging Metro Neo in various Tier II & Tier III cities such as Warangal. The advantage of EBRTS is that it does not require any land acquisition as it is on an elevated route and construction is also less expensive compared to metro rail projects.