HomeInfrastructureHyderabad Metro Phase 2 Receives ₹24,269 Crore Approval

Hyderabad Metro Phase 2 Receives ₹24,269 Crore Approval

The Telangana government has approved the Phase 2 expansion of the Hyderabad Metro Rail project, with a total estimated cost of ₹24,269 crore. This expansion aims to enhance the city’s public transportation infrastructure, promoting sustainable and eco-friendly commuting options.

Phase 2 of the Hyderabad Metro Rail project encompasses five corridors covering a total length of 76.4 km. The corridors include:

  • Corridor IV: Nagole to Shamshabad RGIA (36.8 km)

  • Corridor V: Raidurg to Kokapet Neopolis (11.6 km)

  • Corridor VI: MGBS to Chandrayangutta (7.5 km)

  • Corridor VII: Miyapur to Patancheru (13.4 km)

  • Corridor VIII: LB Nagar to Hayathnagar (7.1 km)

These corridors are strategically planned to improve connectivity across the city, including the crucial link to Rajiv Gandhi International Airport, thereby facilitating seamless travel for commuters.

The funding for Phase 2 is structured as follows:

  • Telangana Government: ₹7,313 crore (30% of the total cost)

  • Central Government: ₹4,230 crore (18% of the total cost)

  • International Financial Institutions: ₹11,693 crore (48% of the total cost), sourced from agencies such as the Japan International Cooperation Agency (JICA), Asian Development Bank (ADB), and New Development Bank (NDB)

  • Public-Private Partnership (PPP): ₹1,033 crore (4% of the total cost)

This diversified funding approach underscores the collaborative efforts between the state and central governments, international financial institutions, and private sector partners to realize this ambitious project. The Telangana government has set an ambitious timeline for the completion of Phase 2, targeting a four-year period from the commencement of construction. Upon completion, the expanded metro network is expected to accommodate an additional 800,000 passengers daily, significantly alleviating traffic congestion and reducing carbon emissions associated with private vehicle use.

The expansion of the Hyderabad Metro Rail aligns with the city’s commitment to sustainable urban development. By providing an efficient and eco-friendly mode of transportation, the project aims to reduce the carbon footprint of urban commuting, contributing to the broader goal of achieving zero net carbon emissions in urban areas. The approval and funding of Hyderabad Metro Phase 2 mark a pivotal step towards transforming the city’s public transportation landscape. With enhanced connectivity, increased passenger capacity, and a focus on sustainability, this expansion is poised to play a crucial role in shaping the future of urban mobility in Hyderabad.

Also Read: Kochi Metro Presents Water Metro Feasibility Study to Maharashtra Government

Hyderabad Metro Phase 2 Receives ₹24,269 Crore Approval
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