Introduction: The Hyderabad Metro Rail Phase 2 project will be undertaken with the partnership of central and state governments, along with partial public-private partnership (PPP) funding.
Project Approval and Details
- Estimated Cost: Rs 24,269 crore.
- Scope: 76.4 km metro expansion across five corridors.
- Approval: Comprehensive Project Report (DPR) approved by the state cabinet.
Implementation and Timeline
- Start Date: Work to commence immediately after receiving central government approval.
- Completion Target: Within four years.
- Impact: Expected to facilitate travel for 800,000 passengers daily upon completion.
Financial Breakdown
- State Government Contribution: 30% (Rs 7,313 crore).
- Central Government Contribution: 18% (Rs 4,230 crore).
- External Loans: 48% (Rs 11,693 crore) through JICA, ADB, NDB with central government sovereign guarantee.
- PPP Investment: 4% (Rs 1,033 crore).
Additional Details:
- Future Plans: Six corridors totaling 116.4 km identified; DPR for five corridors (76.4 km) completed.
- Field Studies: Ongoing for the remaining 40 km corridor from Shamshabad Airport to Financial District.
Conclusion:
The Phase 2 project aims to significantly enhance Hyderabad’s metro infrastructure, improving connectivity and convenience for commuters. The approval and funding model underline the commitment to completing the project efficiently.
FAQs
- What is the estimated cost of Hyderabad Metro Phase 2?
- Rs 24,269 crore.
- How many kilometers will be covered in Phase 2?
- 76.4 km.
- How many corridors are included in the Phase 2 expansion?
- Five corridors.
- When is the project expected to be completed?
- Within four years.
- What is the state government’s financial contribution to the project?
- 30% of the total cost, approximately Rs 7,313 crore.
- What portion of the project cost will the central government cover?
- 18%, roughly Rs 4,230 crore.
- How will the remaining funding be sourced?
- 48% through loans from JICA, ADB, and NDB, with a sovereign guarantee from the central government.
- What is the PPP model contribution to the project?
- 4%, about Rs 1,033 crore.
- What is the anticipated daily passenger capacity post-Phase 2 completion?
- 800,000 passengers.
- Which new corridor is currently undergoing field studies?
- The 40 km corridor from Shamshabad Airport to Financial District.
Also Read: Hyderabad Metro Phase 2: Expanding Connectivity with ₹32,237 Crore Investment
