2 days ago
Clearance for Metro Phase-II sought with Parliamentary Standing Committee
Hyderabad
At the Parliamentary Standing Committee meeting of Housing and Urban Affairs in New Delhi on Wednesday, Bhongir MP Chamala Kiran Kumar Reddy made a strong case for the urgent sanction of Hyderabad Metro Phase-II.
The MP highlighted that Hyderabad Metro Phase-I, sanctioned in 2010, is currently the second-largest Metro network in the country, after Delhi, with three corridors spanning 69 km.
Despite the demand, the city is still awaiting the green signal for Phase-II, which proposes five corridors covering 76.4 km at an estimated cost of ₹24,269 crore, he said.
He said that a formal request was placed before the committee to expedite the sanction detailing the approved funding pattern. He said that the Government of India's share will be ₹4,230 crore while Telangana Government will spend ₹7,313 crore, and the remaining ₹11,693 crore will be raised through debt.
Mr. Reddy reminded that the Government of India approved Metro projects in 20 cities between 2012 and 2024, Chennai Metro Phase-II with ₹63,240 crore and Bengaluru Metro Phase-III with ₹15,611 crore. 'Hyderabad deserves a similar level of support,' he said.
