Hyderabad Metro Rail moves to buy 60 coaches and prepare for Phase-I takeover

The Hindu
The Hindu
13h ago
Hyderabad Metro Rail decided to procure 60 metro coaches and sought government clearances while preparing to take over Phase-I operations from L&T Metro Rail Hyderabad by the end of the financial year.
Hyderabad Metro Rail moves to buy 60 coaches and prepare for Phase-I takeover
A What happened
Hyderabad Metro Rail decided to procure 60 metro train coaches and approached the government for clearances without waiting for Phase-II approvals. HMR managing director Sarfaraz Ahmad said the tender for new six-coach train sets will be floated once the government grants permission. The government-owned special purpose vehicle is preparing to take over Phase-I operations covering 69.2 km from L&T Metro Rail Hyderabad by the end of the financial year. Phase-II A and B proposals span 162 km across eight corridors at a cost of ₹42,000 crore, and the Centre is reviewing technical aspects.
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Key insights

  • 1

    Passenger service continuity set as takeover priority: Sarfaraz Ahmad said Chief Minister A. Revanth Reddy directed that passengers should not feel any difference when the government takes over Phase-I operations.

  • 2

    Loan restructuring and consultant reviews planned for Phase-I transition: HMR is seeking reports from financial and technical consultants and is in discussions with funding agencies to restructure existing loans under revised conditions.

Takeaways

HMR is moving ahead with coach procurement and consultant-led financial and technical reviews while planning a government takeover of Phase-I and awaiting central technical review of Phase-II proposals.

Topics

World & Politics Policy & Regulation Governance Development

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