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News Entry# 563325
Aug 02 (20:36) Hyderabad Metro Rail 2.0: State to Partner with Centre for Funding (www.deccanchronicle.com)
Metro
HM/Hyderabad Metro
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News Entry# 563325   
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read full article... Telangana to Tie Up with Centre, Global Firms for Metro Rail 2.0 Project

The Telangana government is planning to partner with the central government to build Hyderabad Metro Rail 2.0. This project will be funded by a combination of state and central government funds, equipment manufacturers' contributions, and international loans. The state will contribute 35%, the Centre 15%, equipment manufacturers 5%, and the remaining...
more...
45% will be raised through international funding agencies. This approach is being considered because private investors haven't shown much interest in the project. The estimated cost is Rs. 25,000 crore, and half of it will be funded by international agencies like JICA. This partnership will allow the project to secure loans at lower interest rates and avoid limitations under the Fiscal Responsibility and Budget Management Act (FRBM). The new routes are: Nagole-RGIA, Raidurg-US Consulate, MGBS-Falaknuma, Miyapur-Patancheru, Mailardevpally crossroads-proposed High Court complex at Budwel, LB Nagar-Hayatnagar and Falaknuma-Chandrayangutta crossroads. The Chief Minister wants to make Metro Rail a reliable and accessible mode of transport for the people, particularly for those travelling to and from the airport.

Telangana government, Hyderabad Metro Rail 2.0 ke liye centre ke saath team up karne wala hai. Is project mein state aur centre, equipment manufacturers aur international loans se paisa aayega. State 35% dega, Centre 15%, equipment manufacturers 5% aur baki 45% international funding agencies se aayega. Yeh plan isliye banaya gaya...
more...
hai kyunki private investors ne zyada interest nahi dikhaaya. Project ka cost Rs. 25,000 crore hai, jisme se aadha paisa international agencies jaise JICA se aayega. Is partnership se project ko kam interest rate pe loan mil payega aur FRBM act ke limitations se bacha ja sakega. New routes yeh hai: Nagole-RGIA, Raidurg-US Consulate, MGBS-Falaknuma, Miyapur-Patancheru, Mailardevpally crossroads-proposed High Court complex at Budwel, LB Nagar-Hayatnagar aur Falaknuma-Chandrayangutta crossroads. Chief Minister chahte hai ki metro rail logon ke liye ek reliable aur accessible mode of transport bane, khass kar airport jaane walon ke liye.
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