The Telangana government has formed an SPV, Hyderabad Airport Metro Limited, for the implementation of the Airport Express Metro Corridor. The corridor is an extension of Corridor 3 (Nagole to Shilparamam) and will span 30.7 km. The SPV will be jointly owned by Hyderabad Metro Rail Limited (51 per cent share) and the Hyderabad Metropolitan Development Authority (49 per cent share).
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