Cabinet ratifies selection of developer for Metro Project

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Hyderabad, Aug 4 (UNI) The Andhra Pradesh Cabinet today ratified the selection of the lowest bidder -- Nava Bharat-Maytas Consortium -- by the Centre as the developer of the 'Hyderabad Metro Rail Project' and the extension of Corridor 3 (Shilparamam-Habsiguda) by 4.77 km up to Nagole in the city.

Briefing the press after the cabinet meeting here, Information and Public Relations Minister A Ramanarayana Reddy said the project would be awarded to the Consortium at their quoted price bid. It did not seek any grant from the government and in turn, proposed to make payments to the tune of Rs 30,311 crore, he added.

The Cabinet also approved establishment of Andhra Pradesh University of Law with headquarters at Visakhapatnam. The campuses would be located at Nizamabad and Kadapa. A Bill would be introduced in the Assembly in the coming session in this regard. About 50 acres of land and Rs 60 crore were allocated for setting up each of the institutes.

Stating that the State Cabinet had agreed to allocate 13 acres to the Centre for the DNA Finger Printing and Diagnostic Centre to set up its research centre at Abdullapur in Ranga Reddy district, at the cost of Rs 100 per acre, he said three acres was allocated to the Forests Department to set up 'Mrugavani Eco Tourism Centre' in the district.


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