Nation Current Affairs 06 Jul 2017 L&T writes 5th l ...

L&T writes 5th letter, seeks Rs 4.85 crore repayment from Telangana government

DECCAN CHRONICLE. | DECCAN CHRONICLE
Published Jul 6, 2017, 3:57 am IST
Updated Jul 6, 2017, 3:57 am IST
L&T, the concessionaire of Hyderabad Metro Rail Project, has written a fifth letter demanding that the state government reimburse Rs 4.85 crore that it spent towards compensation for some acquired properties.
 L&T, the concessionaire of Hyderabad Metro Rail Project, has written a fifth letter demanding that the state government reimburse Rs 4.85 crore that it spent towards compensation for some acquired properties.

Hyderabad: L&T, the concessionaire of Hyderabad Metro Rail Project, has written a fifth letter demanding that the state government reimburse Rs 4.85 crore that it spent towards compensation for some acquired properties. In the letter, written on July 19, L&T said its demand for reimbursement was in line with the concession agreement. L&T said it had acquired properties at Chilkalguda, Begumpet, Alugaddabhavi, Oliphanta bridge and Malakpet for the Metro Rail Project, and paid compensation on behalf of the state government.

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Location: India, Telangana, Hyderabad




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