After a record 18-year tenure, Hyderabad Metro Rail Ltd (HMRL) Managing Director NVS Reddy (Retd. IRAS:1983) was relieved from his post on Tuesday. The state government issued orders appointing HMDA Commissioner Sarfaraz Ahmad (IAS:2009:TG) as the in-charge MD of HMRL, assigning him full additional charge. At the same time, the government has retained Reddy’s expertise by appointing him as Advisor on Urban Transport for two years.
Reddy had been at the helm of HMRL since its inception in 2007, overseeing the implementation of a 69-km metro rail network in Hyderabad at a cost of about ₹22,000 crore.
While no official reason has been cited for his transfer, sources in the power corridors indicated that Chief Minister A Revanth Reddy was displeased with recent developments in the metro project, particularly the strained relationship with L&T Hyderabad Metro Rail, the concessionaire for Phase I.
Recently, L&T formally communicated to both the state and central governments its willingness to transfer equity and expressed its intent to exit the project, raising further concerns about the metro’s future.