122.9 km ₹38,595-crore Hyderabad Metro Rail expansion plan awaits Centre-State JV
Telangana Chief Minister Revanth Reddy is seeking central government approval for a 122.9 km Hyderabad Metro Rail expansion project costing ₹38,595 crore. The project requires a joint venture between the state and central governments to proceed with necessary funding and regulatory clearances.
Why it matters
Large-scale infrastructure projects are critical for urban development and economic growth in major Indian metropolitan areas.
Chief Minister A. Revanth Reddy is in New Delhi to make a fresh push for the Centre’s approval of the Telangana government’s proposal to take over the 69.2-km Phase I Hyderabad Metro Rail (HMR) network from L&T Metro Rail Hyderabad Ltd and form a joint venture for the long-pending Phase II expansion project.
HMR Phase II network, spanning 122.9 km, is estimated to cost ₹38,595 crore and is expected to be implemented through a Centre-State joint venture with equal equity participation. However, the plan remains stuck in a complex mix of financial, regulatory and administrative hurdles, requiring multiple approvals from the Centre.
Officials concerned say the government cannot access low-interest funding for the proposed acquisition or proceed with the metro expansion without clearances from the Centre, as provisions under the Railway Act and Metro Rail Act necessitate central involvement at various stages.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in