Hyderabad metro project to boost demand, India

Hyderabad metro project to boost demand, India
23 September 2010

The revival of the Hyderabad metro rail project is seen as a boost for cement and steel companies, which now have started coming out of the recession and the subsequent lack of demand from the real estate sector.

The two industries are banking on the infrastructure segment for growth.

According to officials, the INR 12,132 crore metro rail project would require about 2.6Mt of cement, 217,000t of steel and 5.8Mm3 of concrete. This will translate into 52.31 million bags of cement.

The average price of each bag of 50kg is about INR200.

Pillars would come up every 30 meter along the 71km route. In all, 66 stations will come up for the metro project. Civil and engineering works will account for at least 40% of the project cost.

The project would take five years to complete.

Mr NVS Reddy MD of Hyderabad Metro Rail Limited said that: "Cement consumption will be massive. Many ancillary industries and machinery manufacturing and servicing units will come up around Hyderabad.”
Published under Cement News