Telangana govt begins tracking 2nd phase of Hyderabad Metro

Telangana govt begins tracking 2nd phase of Hyderabad Metro

Telangana govt begins tracking 2nd phase of Hyderabad Metro

With the first phase of Hyderabad Metro Rail ready to roll from November 28, the Telangana state government is  preparing to pose the second phase of the project to funder Japan International Cooperative Agency (JAICA).  

Under the second phase, the government proposes to expand metro up to Hyderabad Airport and connect the city to neighbouring towns.

The 30-km stretch of the total 72-km-long first phase is ready for launch by Prime Minister Narendra Modi. The remaining stretch of this phase under Public Private Partnership (PPP) is expected to be commissioned by the end of 2018.

State Urban Development Minister K Taraka Ramarao, who took elected representatives on a trial run from Nagole Mettuguda stations on Saturday, told mediapersons that the government is keen on expanding metro. He said that he will be visiting Japan next year to hold talks with JAICA.

Confirming the proposal, Shivanand Nimbargi, MD & CEO, L&T Metro Rail Hyderabad Limited (LTMRHL), said the pre-feasibility studies are underway.

II Phase

The LTMRHL said that the construction major L&T, which is already here, would be interested in the 2nd phase. The company is already helping the government with technical inputs. "We are in the initial stage. We are doing studies and exploring different possibilities and financial opportunities, including JAICA," said N V S Reddy, Managing Director, Hyderabad Metro Rail (HMR) Limited.

The state government has gone on record   that it is considering a new proposal where 60% of the cost for the metro project will be met through external loans, while the Centre and the state governments will chip in 20% each. Billed as one of the world's biggest metro rail projects under PPP, the first phase was taken up in 2012 at a cost of Rs 14,132 crore.