For the Rs 62.5 billion Hyderabad Airport Metro Project, the Hyderabad Metropolitan Development Authority (HMDA) and GMR Hyderabad International Airport Ltd would each contribute 10%.

The project is expected to cost Rs 62.5 billion, according to Hyderabad Airport Metro Ltd (HAML) Managing Director N.V.S. Reddy, and it would be fully funded by the Government of Telangana, with 10% contributions from HMDA and GMR Airport.

He addressed a pre-bid meeting for the Hyderabad Airport Metro project and gave the potential bidders an overview of the importance and key elements of the project.

The technical teams from 13 domestic and international companies attended the pre-bid conference, which was convened in response to the global tenders requested for the selection of the EPC (Engineering, Procurement and Construction) contractor for the Hyderabad Airport Metro project. Among them were L & T, Siemens, Alstom, Tata Projects, IRCON, RVNL, BEML, PANDROL Rahee Technologies and others.

In the meeting, the potential tenderers' questions about civil structures, rolling stock (trains), signalling and train control systems, performance indexes, technical specifications, etc., were thoroughly examined and clarifications were provided by the MD and its technical team.

The selected EPC contractor must start ground work by September 2023 and complete the project within three years.