Telangana takes over Hyderabad metro
The Telangana government has taken full control of the Hyderabad Metro Rail project by acquiring 100% equity shares of L&T Metro Rail (Hyderabad) Limited for ₹1,461.47 crore. The acquisition includes the refinancing of ₹13,538.53 crore in existing debt, which will now be guaranteed by the state government. The move aims to improve operational coordination and support the planned expansion under Phase-II of the metro project.
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Telangana takes over Hyderabad metroThe Telangana government has fully acquired the Hyderabad metro rail project from L&T for ₹1,461.47 crore, aiming for improved operations and expansion.Published on: May 01, 2026 3:54 AM ISTBy Srinivasa Rao Apparasu, HyderabadShare viaCopy link The Telangana government on Thursday regained complete control of the Hyderabad metro rail project, taking it over from its original concessionaire Larsen and Toubro (L&T), officials said.Telangana takes over Hyderabad metroAccording to an official statement, the state government signed a share purchase agreement with L&T and its subsidiary L&T Metro Rail (Hyderabad) Limited (LTMRHL) on Wednesday for the acquisition of 100% equity shares of LTMRHL at an equity value of ₹1,461.47 crores.The agreement was signed by…
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