text: Re-bidding The State government cancelled the contract and called for a fresh rebidding for the project. In the July 2010 rebidding process, Larsen & Toubro (L&T) emerged as the lowest bidder for the  project. L&T came forward to take up the work for about  as viability gap funding as against the sanctioned . The Nallari Kiran Kumar Reddy government proactively pursued the project, but it was delayed due to separate state agitation and later due to the apprehensions of the new government. A consortium of 10 banks led by State Bank of India sanctioned the entire debt requirement of Hyderabad Metro project, which was the largest fund tie-up in India for a non-power infrastructure Public-private partnership (PPP) project at that time.
  Mascot
  The mascot of Hyderabad Metro Rail is Niz. It was derived from the word Nizam, who ruled the princely state of Hyderabad.
  Construction milestones
  Hyderabad Metro Map, Timings, Route & Fare: Everything You Need To Know
  Groundbreaking (Bhoomi Puja) for the project was conducted on 26 April 2012 the concessionaire started the pillar erection on the same day for Stage-I  and on 6 June 2012 for Stage-II. The work for Corridor 2 has been delayed due to traders in Koti and Sultan Bazar demanding realignment of the route to safeguard traders and old age heritage markets. If the recent bill proposed in Parliament which allows construction within a  radius of heritage structures and sites of historical or archaeological importance is passed, Metro might receive a chance as it helps to connect the Old city with IT corridor.
  The construction of the entire  has been split into 6 stages with the first stage originally scheduled to be completed by March 2015
  In November 2013, L&T Hyderabad Metro started laying of rails on the metro viaduct between Nagole and Mettuguda, a stretch of .