Hyderabad Metro Rail plans back to square one after fresh review decision (opens original article in a new tab)

Hyderabad Metro Rail Phase II expansion faces further delays as the State government and Centre re-evaluate Phase I valuation and loan processes, with no clear timeline for resolution.

• Hyderabad Metro Rail Phase II expansion remains delayed due to unresolved issues with Phase I valuation and loan disbursement
• SBI Capital Markets has been tasked with a fresh valuation of Phase I and review of Phase II plans
• Uncertainty persists over the ₹13,527 crore IRFC loan and potential procedural oversights