The letter of award was signed and exchanged by VB Gadgil, Chief Executive and Managing Director of L&T Metro Rail (Hyderabad), and Hyung-Wook Kim, Director-Rail Business, Asia, Hyundai Rotem Company.
Hyundai Rotem Company is a proven rolling stock supplier and has prior experience of supplying to Indian metros and has globally supplied to projects in Japan, Greece, Hong Kong, Philippines, Taiwan, Turkey and Korea.
The rolling stock will be delivered nine months prior to the commissioning of each stage of construction of the elevated metro rail project. The project seeks to develop a 72-km rail network along three dense corridors in Hyderabad.
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