Centre Sanctions Funds for Hyderabad Metro Phase 2

The Central Government has sanctioned Rs. 275 crore for the development of the Hyderabad Metro Rail Project's Phase 2. Of the total amount, Rs. 125 crore will be provided in the form of a loan. The Centre has issued administrative orders approving the funds, providing financial support for the expansion of the city's metro rail network.

The Hyderabad Metro Phase 2 project was earlier approved with an estimated cost of Rs. 24,269 crore. The plan involves expanding the metro network by 76.4 kilometres to improve public transport connectivity across the city. The newly sanctioned funds are expected to support the implementation of the second phase and help advance the proposed expansion works.