Hyderabad Metro Rail (HMR) is an initiative to fulfill the growing need for transportation in the city of Hyderabad. Based on the Mass Rapid Transit System (MRTS), HMR intends to reduce traffic congestion across Hyderabad, lower pollution level, and improve the ‘livability index’ of the city.

The ambitious HMR project was awarded to Larsen & Toubro (L&T), which incorporated a special purpose vehicle, L&T Metro Rail (Hyderabad) Limited (LTMRHL) as “the Concessionaire” to enter into an agreement with the then Government of Andhra Pradesh in September 2010, for the implementation of the Project on Design-Build-Finance-Operate-Transfer (DBFOT) basis.

HMR began operations in November 2017. Consultancy studies had estimated the ridership and revenue of HMR prior to beginning of operations, on the basis of which the initial fares of HMR were fixed over the existing distance-wise fare slabs.