Hyderabad Metro rail project : Vendor to be finalised by Feb 2013

L&T is in the process of finalizing vendores for its Hyderabad Metro Project.

L&T placed orders worth Rs.1,700 crore with South Korea's Hyundai Rotem Co. for rolling stock in September, and orders worth Rs.700 crore with France based Thales SA to set up signalling, train control and communication systems in November.

The company is in the process of finalizing the Rs.180-200 crore contract to supply automated fare collection units within a week.

Source: Mint