L&T pushes Metro exit to Dec 31 as T hunts for Rs 13,600 cr loan. Telangana’s plans to take over the Hyderabad Metro Rail phase I from L&T have hit another hurdle, with delays in securing a ₹13,600 crore loan forcing Larsen & Toubro (L&T) to once again extend the deadline for divesting its stake in the project. The latest extension pushes the transaction deadline to Dec 31, raising uncertainty over the timeline for the.