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Telangana govt approves Rs.242.69 bn for Hyderabad Metro Phase-II
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Telangana govt approves Rs.242.69 bn for Hyderabad Metro Phase-II

To advance the Hyderabad Metro Rail Phase II project, the Telangana Government has approved administrative sanctions for the project, which is estimated to cost Rs.242.69 billion (bn) and will be undertaken as a joint venture with the Central governme...

To advance the Hyderabad Metro Rail Phase II project, the Telangana Government has approved administrative sanctions for the project, which is estimated to cost Rs.242.69 billion (bn) and will be undertaken as a joint venture with the Central government. This project will encompass five Metro corridors totalling 76.4 km, jointly funded by the state government (Hyderabad Airport Metro) and the Centre on a 50:50 basis. According to a Government Order (GO) issued by the municipal administration department, the Telangana Government will cover 30 per cent of the project cost, amounting to Rs.73.13 bn. The Union Government will contribute Rs.42.30 crore, while a public-private partnership component of Rs.10.33 bn will cover.

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