Telangana government takeover of Hyderabad Metro Rail

The Telangana government has finalized a deal to take full control of the Hyderabad Metro Rail’s first phase. With mounting financial challenges, L&T has stepped back from operations. Under the agreement, the state will assume ₹13,000 crore debt and provide ₹2,100 crore cash settlement, ensuring continued metro services for lakhs of commuters. Introduction to Telangana … Read more