Telangana govt allocates Rs 2,377.35 cr to Hyderabad Metro Rail
AVIATION & AIRPORTS

Telangana govt allocates Rs 2,377.35 cr to Hyderabad Metro Rail

In the state budget for 2022-2023, the Telangana government has set aside Rs 2,377.35 crore for the Hyderabad Metro Rail (HMR).

The government has set aside Rs 1,500 crore for the HMR, Rs 377.35 crore for Airport Metro connectivity, and Rs 500 crore for Metro connectivity in the old city to begin work on Corridor II- Green Line, which will run for 5.5 kilometres from MGBS to Falaknuma.

For the first time since the state's formation, the government has set aside Rs 1,500 crore for land acquisition, detailed project reports (DPR), and other development projects.

In the state Assembly, Telangana Finance Minister T Harish Rao presented a tax-free budget of Rs 2.56 lakh crore up from about Rs 2.31 lakh crore the previous year.

Residents and other elected officials in the state have been pleading with the government to extend Metro rail service to Begum Bazar, Mangalhat, and other nearby areas. Due to property issues, the 5.5 km Metro line from MGBS to Faluknama, which began construction in phases in 2017, has yet to be completed.

According to a report, the state has allocated Rs 377.35 crore for Metro rail connectivity to the Shamshabad airport, for which the Delhi Metro Rail Corporation (DMRC) has already prepared a detailed project report.

T Harish Rao said that the government is taking all necessary steps to extend the Hyderabad Metro in consultation with L&T, the project's partners.

The Telangana government had allocated Rs 1,000 crore for metro rail construction last year, but the project was never completed.

Image Source

Also read: DPRs for phase-II of the Hyderabad Metro Rail project are under the government's consideration

In the state budget for 2022-2023, the Telangana government has set aside Rs 2,377.35 crore for the Hyderabad Metro Rail (HMR). The government has set aside Rs 1,500 crore for the HMR, Rs 377.35 crore for Airport Metro connectivity, and Rs 500 crore for Metro connectivity in the old city to begin work on Corridor II- Green Line, which will run for 5.5 kilometres from MGBS to Falaknuma. For the first time since the state's formation, the government has set aside Rs 1,500 crore for land acquisition, detailed project reports (DPR), and other development projects. In the state Assembly, Telangana Finance Minister T Harish Rao presented a tax-free budget of Rs 2.56 lakh crore up from about Rs 2.31 lakh crore the previous year. Residents and other elected officials in the state have been pleading with the government to extend Metro rail service to Begum Bazar, Mangalhat, and other nearby areas. Due to property issues, the 5.5 km Metro line from MGBS to Faluknama, which began construction in phases in 2017, has yet to be completed. According to a report, the state has allocated Rs 377.35 crore for Metro rail connectivity to the Shamshabad airport, for which the Delhi Metro Rail Corporation (DMRC) has already prepared a detailed project report. T Harish Rao said that the government is taking all necessary steps to extend the Hyderabad Metro in consultation with L&T, the project's partners. The Telangana government had allocated Rs 1,000 crore for metro rail construction last year, but the project was never completed. Image Source Also read: DPRs for phase-II of the Hyderabad Metro Rail project are under the government's consideration

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000