HMDA to lease over 158-km of Outer Ring Road to private agency: Report
The Hyderabad Metropolitan Development Authority (HMDA) will reportedly lease more than 158-km of Outer Ring Road (ORR) to a private agency. The duration of the lease will be 30 years, the report added. Hyderabad Growth Corridor Limited (HGCL) has invited applications from interested private entities. The work of the agency will include tolling, operation, management and maintenance of ORR.