Telangana government approves ₹13,615-crore IRFC loan for take over of Hyderabad Metro Rail phase one

The Telangana authorities has formally approved the acquisition of the 100% equity involvement held by Larsen & Toubro (L&T) successful L&T Metro Rail (Hyderabad) Limited (L&TMRH), paving the mode for Phase-I of the Hyderabad Metro Rail (HMR), spanning 69.2 km, to go a afloat State-owned entity, done an authoritative bid issued connected Friday.

The authorities has besides cleared a large indebtedness refinancing bundle done the Indian Railway Finance Corporation (IRFC) to guarantee the fiscal stableness of metro operations, approving a acquisition information of ₹15,000 crore for acquiring L&T’s equity successful L&TMRH. This volition beryllium funded done an IRFC indebtedness of ₹13,615 crore, equivalent to the outstanding indebtedness arsenic of April 30, 2026.