Latest news with #HAML
The Hindu
3 days ago
- Business
- The Hindu
After Revanth meets PM, Hyderabad Metro Rail Phase II awaits Centre's final nod for the JV
There is renewed hope of the Hyderabad Metro Rail Phase II covering 76.4 km spread across five corridors, including extending the existing first phase lines of 69.2 km in the capital region, getting on track at an estimated cost of ₹24,269 crore soon. With Chief Minister A. Revanth Reddy meeting Prime Minister Narendra Modi during the NITI-Aayog conclave and once again seeking his support for next phase recently, senior officials are confident of getting the clearance. The Centre's support is crucial because a joint venture pact with it will enable the Telangana government to access the loan from multilateral agencies like JICA, Japanese International Cooperation Agency, and others, at a nominal interest rate of about 2% with a long repayment period. The Centre's sovereign guarantee cover for such loans will enable States to source funds from foreign funding agencies. This financial model will be unlike the HMR first phase project taken up under the Public, Private Partnership (PPP) — world's largest for Metros — as decided by the then government when nationalised banks issued a loan at 10%, explained senior officials. The Telangana government's share of the Metro rail second phase project of the total cost of ₹24,269 crore is projected to be 30% or ₹7,313 crore, Centre's share will be 18% or ₹4,230 crore and loan will be 48% or ₹11,693 crores with the PPP component being 4% or ₹1,033 crore. Usually, it takes about three months for the project to vetted by the Central ministries for a JV. Though it has been seven months since the State government had submitted the Detailed Project Reports (DPRs) prepared by the Hyderabad Airport Metro Rail (HAML), it is learnt that the Centre had posed a few questions. These are about how the first and second phase Metro rail operations will be intertwined once the latter becomes operational since the first phase was built and is run by a private concessionaire L&T Metro Rail Hyderabad (L&TMRH). There were queries raised about the potential ridership scenario of 8 lakh to 10 lakh passengers a day once the second phase becomes operational. HAML has reportedly stated that the ridership numbers is a 'conservative' estimate considering the growth of city in the last 10 years, and promised to take further traffic studies while stating that the capital region has expanded into the suburbs and beyond including offices, factories, warehouses, etc. It is also pointed out that Bengaluru, Chennai, Nagpur and Pune Metros witnessed riders count doubling once the new lines were added with inter-connectivity varying from 1.5 lakh to 7.5 lakh a day. Incidentally, Chennai Metro Rail Phase Two got Centre's approval in October last year but it took six years though the Tamil Nadu government had started the construction work. Finally, it will be the Prime Minister's Office that will take the call.
New Indian Express
23-05-2025
- Business
- New Indian Express
DPRs for Metro Phase-2 (B) approved, with JBS hub, new corridors planned for Hyderabad
HYDERABAD: Hyderabad Airport Metro Limited (HAML) Managing Director NVS Reddy has said that the Detailed Project Reports (DPRs) for Metro Phase-2 (B) have been finalised and approved by the HAML Board on May 8 and are now under government review. He said the DPRs include plans to develop JBS as an international hub, as directed by Chief Minister A Revanth Reddy. The proposed corridors, JBS-Medchal, JBS-Shamirpet and RGIA-Future City, span 86.1 km at a cost of Rs 19,579 crore. The JBS-Medchal route will be a 24.5 km fully elevated corridor with 18 stations. The JBS-Shamirpet line will cover 22 km with 14 stations, 20.35 km elevated and 1.65 km underground near Hakimpet Airport. The RGIA-Future City (Skill University) corridor will stretch 39.6 km, 1.6 km underground, 21 km elevated, and 17 km at grade, connecting RGIA to Skill University via Pedda Golconda and Raviryala ORR exits. NVS Reddy said the DPRs were prepared in line with Central guidelines, Metro cost benchmarks in other states and Hyderabad's traffic needs. Full details will be released once the state government approves the reports and forwards them to the Centre, he added.
The Hindu
22-05-2025
- Business
- The Hindu
DPRs finalised for JBS-Medchal, JBS-Shameerpet, & RGIA
Hyderabad Airport Metro Limited (HAML) has informed that the Detailed Project Reports (DPRs) of the proposed Phase 2B of Hyderabad Metro Rail for JBS-Medchal, JBS-Shameerpet, and Airport - Future City Metro corridors — spanning 86.1 km with an estimated cost of ₹19,579 crore — have been finalised. The DPRs for these proposed corridors for the next phase were prepared and approved by the Hyderabad Airport Metro Limited Board on May 8, 2025. They are currently under review by the State government, said Managing Director N.V.S. Reddy, in an official press release on Thursday (May 22, 2025). 18 stations on the 24.5 kms JBS- Medhcal route The JBS Station - Medchal route will be a fully elevated corridor of 24.5 kilometers with 18 stations while the JBS Station - Shameerpet route will be a 22-kilometer corridor with 14 stations. This route will be 20.35 km of elevated section and 1.65 km underground of underground section near the Hakimpet Air Force Station. 1.5 km underground section at RGIA airport The RGIA-Future City (Skill University) spans 39.6 kilometers, of which 1.5 km will be underground section from the RGIA airport, 21 km will be elevated and 17 km at grade or on ground. This route will be from the Shamshabad International Airport to Skills University via Pedda Golconda and Raviryala ORR exits. The DPRs for these new corridors have been comprehensively prepared and submitted to the State government, keeping in view the Central government guidelines, metro rail construction estimates in other States, and traffic needs of the Hyderabad capital region, he said. Full details would be out once the State government approves the DPRs and submits the proposal to the Central government . These reports have several aspects including transforming the JBS region into an international hub as per the directions of the Chief Minister A. Revanth Reddy, added the MD in the press release.
Hans India
04-05-2025
- Business
- Hans India
Final touches to DPRs for Part B of Hyderabad Metro's second phase
The Detailed Project Reports (DPRs) for Phase-2 (Part B) of the Hyderabad Metro Rail are being given final touches, said Telangana Chief Secretary K. Ramakrishna Rao. The DPRs would be reviewed in an upcoming Board meeting of Hyderabad Airport Metro Limited (HAML), followed by the state government's approval before submission to the Central government, he said. The Chief Secretary stated that the DPRs for JBS–Medchal (24.5 km), JBS–Shamirpet (22 km), and Shamshabad–Future City (40 km) corridors were getting finalised. The state government is awaiting the Centre's nod for Phase-II 'A' which comprises five corridors of 76.4 km. This is estimated to cost Rs 24,269 crore. All five proposed corridors under Part-A of the Phase-II will be the extension of three corridors of the first phase. The daily ridership under the second phase is expected to be 7.96 lakh by 2028. The first phase of the Hyderabad Metro, covering three dense traffic corridors and spanning over 69 km, was built with a cost of Rs. 22,148 crore. It is the world's largest Metro Rail project in the Public Private Partnership (PPP) mode. About five lakh passengers are using it for their daily commute. Ramakrishna Rao, who assumed office as the Chief Secretary on April 30, inspected the Metro Rail Corridor in Old City along with HAML Managing Director N.V.S. Reddy. He examined the ongoing road expansion works along the metro rail route. Expressing satisfaction, he noted the significant progress made in an area that had been neglected for over a decade. The HAML MD briefed the Chief Secretary about the ongoing demolition of the affected properties along the 7.5-kilometre metro corridor from MGBS to Chandrayangutta. The Chief Secretary closely examined the demolition works from Darul Shifa to Shalibanda Junction, where several impacted structures were being removed. N.V.S. Reddy explained that the project team was carefully handling the relocation of the intertwined electrical, telephone, and cable TV lines to avoid disruptions. He assured that despite narrow, congested roads, demolition was proceeding systematically to minimise inconvenience to the public. The Metro MD stated that around 105 religious, historical, and sensitive structures exist in the corridor, and utmost care was being taken to ensure they remained unharmed. The CS commended the Metro MD and other officials for effectively addressing challenges while progressing with the expansion. He directed them to ensure safe demolition and debris clearance, preventing any untoward incident. Expressing satisfaction with the progress, he promised quick release of funds to accelerate work.
The Hindu
04-05-2025
- Politics
- The Hindu
CS reviews road widening work for Metro Rail in Old City
Chief Secretary K. Ramakrishna Rao on Sunday inspected the ongoing road widening works from Darul Shifa to Shalibanda Junction in the Old City Metro Rail corridor and noted the progress made in the area that was neglected for over a decade. Hyderabad Airport Metro Limited (HAML) Managing Director N.V.S. Reddy briefed Mr. Rao about the affected properties along the 7.5-kilometre Metro stretch from MGBS to Chandrayangutta. Mr. Reddy said that around 105 religious, historical, and sensitive structures exist in the corridor, and utmost care was being taken to ensure they remained unharmed. He also explained the careful handling of the relocation of intertwined electrical, telephone, and cable TV lines to avoid disruptions. Despite congested roads, the demolition was proceeding systematically minimising inconvenience to the public by removing rear sections of buildings during daytime and road-facing structures with machinery during night. Local stakeholders were consulted beforehand for ensuring smooth cooperation, Mr. Reddy added. Mr. Rao commended the HAML for effectively addressing challenges while progressing with the expansion and promised quick release of funds to accelerate work. He directed them to ensure safe demolition and debris clearance, preventing any untoward incidents. HAML MD also informed the CS about the final touches being given to the Detailed Project Reports (DPRs) for Phase-2 (Part B) of Hyderabad Metro Rail, including JBS–Medchal (24.5 km), JBS–Shamirpet (22 km), and Shamshabad–Future City (40 km) corridors as directed by Chief Minister A. Revanth Reddy. Mr. Rao said these proposals would be reviewed in an upcoming HAML Board meeting, followed by government approval, before submission to the Centre Municipal Administration Secretary K. Ilambarthi. GHMC Commissioner R.V. Karnan, HMDA Commissioner Sarfaraz Ahmed, HMWSSB MD Ashok Reddy, and others were present.
