Hyderabad: India's metro man E Sreedharan on Friday said the public-private partnership (PPP) model in implementing metro projects has not been a success anywhere across the world.
Two metro projects are coming up under PPP model at Hyderabad and Mumbai.
Sreedharan, principal advisor, Delhi Metro Rail Corporation, said Hyderabad has the good fortune of having L&T as a partner, which should immensely benefit it.
He, however, cautioned that the cost of the delay in implementing the metro project would be enormous. Each day lost will cost an additional Rs 2 crore, he said....more
12:49 AM, Sep 15, 2012