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The Telangana State Cabinet, chaired by Chief Minister Revanth Reddy on Monday, took a landmark decision regarding the future of the Hyderabad Metro Rail. The cabinet has officially approved the complete takeover of the Hyderabad Metro from its current operator, L&T, bringing it entirely under government control. According to the decision, the government will initiate necessary measures to complete the transition by March 31, 2026. The total valuation of this takeover is estimated at approximately ₹15,000 crore, which includes ₹13,000 crore in existing debts associated with the project and ₹2,000 crore towards L&T’s equity stake.
This strategic move follows a condition reportedly set by the Central Government, which stipulated that Phase 1 of the metro must be fully under government ownership to secure approvals and funding for the Phase 2 expansion. By shifting from a private-partnership model to a state-owned entity, the government aims to clear all hurdles for the metro’s expansion. This transition is expected to accelerate the pace of development, provide better amenities for commuters, and allow the state to maintain full control over the city's primary transport system. Ultimately, this decision is seen as a crucial step toward improving urban mobility and securing easier access to central assistance for future infrastructure projects.
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