Hyderabad, April 29 (IANS) The Telangana government on Wednesday formally acquired Hyderabad Metro Rail Phase I from Larsen & Toubro Limited for Rs 1,461 crore.The state government signed a share purchase agreement with Larsen & Toubro Limited and L&T Metro Rail (Hyderabad) Limited (LTMRHL) for the acquisition of 100 per cent equity shares of LTMRHL at an equity value of Rs 1,461.47 crore.The state government had last year decided to take over Hyderabad Metro Rail Phase I through the…
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