₹38,595 cr Hyderabad Metro expansion awaits Centre-State JV approval

The proposed expansion covers seven corridors and carries an estimated cost of ₹38,595 crore. The Telangana government has already submitted a comprehensive Detailed Project Report (DPR) to the Union Ministry of Housing and Urban Affairs, seeking approval for the project.

Chief Minister A. Revanth Reddy has been pressing the Centre to approve the proposal, arguing that rapid population growth and increasing traffic congestion make a larger mass-transit network essential for Hyderabad's future. The State has proposed that Phase-II be taken up jointly by the governments of India and Telangana.

The expansion has also been linked to the State’s efforts to take greater control of the existing 69.2-km Phase-I network, currently associated with L&T Metro Rail Hyderabad. The government has been working on the financial and administrative framework for the takeover and subsequent expansion.

In June, discussions between Revanth Reddy and Union ministers Ashwini Vaishnaw, G. Kishan Reddy and Manohar Lal resulted in an agreement to appoint SBI Capital Markets as a consultant to examine Phase-I valuation, financing requirements, lenders and the Phase-II expansion plan.

The State has also sought to move the RGIA Airport–Bharat Future City corridor into Phase-III, for which a separate DPR has reportedly been submitted.

The proposed Centre-State partnership is therefore crucial to determining both the financing structure and implementation timeline of Hyderabad’s next major Metro expansion.