AP & Telangana State Head – Anandam Dundi :
Hyderabad | Days after Telangana Chief Minister A. Revanth Reddy met Union Housing and Urban Affairs Minister Manohar Lal Khattar in New Delhi to emphasise the importance of Hyderabad Metro Rail’s Phase-2 expansion, the state government has officially submitted the Detailed Project Report (DPR) and supporting documents for Phase-2(B) to the Centre, according to Hyderabad Metro Rail Limited (HMRL) Managing Director NVS Reddy. The Phase-2(B) project, recently approved by the state cabinet, proposes to extend the metro network by 86.1 km at an estimated cost of Rs 19,579 crore, a TOI report said. The expansion includes three corridors:
RGIA (Shamshabad Airport) to Bharat Future City (Skills University): 39.6 km, Rs 7,168 crore
JBS to Shamirpet: 22 km, Rs 5,465 crore
This proposal follows the earlier Phase-2(A) project, which included five corridors spanning 76.4 km. Like Phase-2(A), the new Phase-2(B) is also planned as a joint venture between the Central and Telangana governments.
As per the Centre’s joint venture funding model, the financial structure of Phase-2(B) will comprise
Rs 5,874 crore (30%) from the Telangana government
Rs 3,524 crore (18%) from the Central government
Rs 9,398 crore (48%) as debt from international financial institutions
Rs 9,398 crore (48%) as debt from international financial institutions