Telangana government grants administrative sanction for Hyderabad Metro Phase 2B project

The Telangana government has given administrative sanction for the Hyderabad Metro Rail Phase 2B project. It is planned to be developed as a joint venture between state and central governments. The Telangana government will contribute Rs 58.74 billion (30 per cent) of the total cost, while the central government will contribute Rs 35.24 billion (18 per cent), and another Rs 93.98 billion (48 per cent) will be funded via debt or loans from financial institutions such as the Japan International Cooperation Agency and the Asian Development Bank (ADB). In addition, the public-­private partnership component will cover the remaining Rs 7.83 billion ­(4 per cent). The project involves the development of three new corridors. The Jubilee Bus Station (JBS)-Medchal corridor, spanning 24.5 km, is an entirely elevated corridor with 18 stations in total. The JBS-Shameerpet corridor spans 22 km (20.35 km elevated and 1.65 ­underground) and has 14 stations. The Rajiv Gandhi International Airport (RGIA)-Future City corridor spans 39.6 km (1.6 km underground, 21 km elevated and 17 km at grade). The total cost of these corridors stands at Rs 195.79 billion.