L&T and NCC submit bids for Hyderabad Airport Metro Project
Engineering giants Larsen & Toubro and NCC Ltd are vying for the Hyderabad Airport Metro Rail project, having submitted their bids for the 5,688 crore tender. The Hyderabad Airport Metro Ltd (HAML) opened the engineering, procurement, and construction (EPC) contract for the Raidurg-Airport stretch. While representatives from 13 firms initially displayed interest, only Larsen & Toubro and NCC Ltd participated in the bidding process. Larsen & Toubro, known for its expertise in Metro rail development, including public-private partnerships, is seeking the project despite recent losses. The Telangana government fully funds the Hyderabad Airport Metro project. Both companies have provided the necessary documentation, including their execution experience, technical and financial strengths, audited financial statements, and a security deposit of 29 crore each in bank guarantees.