Hyderabad Metro Update : State Government Decides To Build 30 Km Long Metrolink, KTR Scouts For Major Foreign Banks For Funding

Hyderabad Metro Update : State Government Decides To Build 30 Km Long Metrolink, KTR Scouts For Major Foreign Banks For Funding

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Date Of Post : 20 Jan, 2018

Hyderabad: The state government has decided to build a 30 km long Rayadurg-Shamshabad Metro Rail link to improve connectivity to the Rajiv Gandhi International Airport, Hyderabad..

A Brief Outline About The Plan:

  • Sh. KT Rama Rao Municipal Minister is on a 10-day three-nation tour to Switzerland, Japan and South Korea, accompanied by IT secretary Jayesh Ranjan and advisor G Vivek.
  • Talks are being held with several financial institutions and engineering giants to find a suitable partner for the airport connectivity project.
  • The minister is scouting for major foreign banks to fund the project.
  • The state is planning to rope in an international agency to prepare the Detailed Project Report (DPR).
  • Two options were proposed to provide connectivity to airport,
  • Rayadurg-Shamshabad Route
  • LB Nagar via Chandrayanagutta to Shamshabad Route
  • The state government has chosen the Rayadurg-Shamshabad route after evaluating land acquisition risks.
  • A feasibility study of the Airport-Metro link connecting Hi-Tec city with Shamshabad airport has already been completed by the Hyderabad Metro Rail Limited (HMRL).
  • Chief secretary SP Singh has directed officials to submit the proposals for providing necessary endorsement and recommendation by the central government to Niti Aayog to enable sanctioning of Viability Gap Fund (VGF) support for the project from the Union urban development ministry.
  • According to sources, airport developer GMR Hyderabad International Airport Limited (GHIAL) has accepted the state’s proposal to link the airport with Metro and also agreed to part with land to build key access corridors

Image Credit: Hyderabad Metro

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