The project cost of metro line would be around Rs 5000 crore and the company will be investing Rs 519.52 crore in the project, as per the report ‘Application for determination of aeronautical tariffs for the third control period (April 1, 2021 to March 31, 2026)’ submitted to the Airport Economic Regulatory Authority (AERA).
The state government has formed a special purpose vehicle, Hyderabad Airport Metro Limited (HAML) which would be responsible for development, construction, operations and management of the airport metro link which is expected to span about 31 km, the report said.
The plan envisages the development of an alignment of 8 km along with setting up of three metro stations within the premises of RGIA, it added. GHIAL is also investing Rs 300 crore towards airfield pavement enhancement and Rs 75 crore on airfield ground lighting upgrade. The company has awarded the contract and works are in full swing to complete the same while air traffic movement is contained due to Covid and said it expects to complete it in the next 10 months, as per the report.
News Source : ZeeBiz
