Telangana Chief Minister A Revanth Reddy addresses a press conference regarding the 'Old City Metro Rail' project and issues concerning the Central Government at the Dr. B.R. Ambedkar Telangana State Secretariat in Hyderabad | Photo Credit: NAGARA GOPAL

Telangana Government is ready to undertake the Phase 2 project of Hyderabad Metro Rail to expand the network without any share from the Center, Chief Minister A Revanth Reddy said. 

Addressing a press conference here on Monday, Reddy demanded the Union Government to issue a No Objection Certificate 9NOC) for Metro Rail expansion project to expedite the works.

The Chief Minister said he met Prime Minister Narendra Modi and Union Ministers - Manohar Lal Khattar and Ashwini Vaishnaw - several times and urged them to sanction the metro rail expansion project which was already delayed for years.

The Centre had earlier agreed to sanction the Metro Rail phase 2 project with a 50 per cent share each to the state and Union Governments after the contract agency L and T company expressed its inability to take up the second phase of expansion. In consultation with the Center, the State Government took over Hyd Metro Rail assets worth ₹30,000 crore for just ₹15,000 crore, he said. 

The State Government borrowed  ₹13,600 crore from banks at an interest rate of 8.25 per cent to clear the loans availed by L&T and also secured a loan of ₹13,600 crore from a Japanese entity at an interest rate of 4 per cent, Reddy said questioned the Centre for not permitting the transfer of loan from IRFC to state government. 

“ We have already paid ₹1,400 crore dues from us. We also submitted a letter confirming the Reserve Bank’s approval, yet the loan transfer was blocked,’’ he said. 

The funds were due for release today, Reddy said while demanding the Union Minister G Kishan Reddy to take the responsibility of release of funds to the state government from the IRFC ( Indian Railways Finance Corporation) immediately. 

 “The State Government is ready to bear the entire cost of the execution of the metro rail expansion project. The centre should issue NOC “ The Metro Rail expansion project was covering the jurisdiction of four BJP MPs including Kishan Reddy’s Lok Sabha segments, the CM said pointed out that the Centre had approved ₹3,15,000 crore loans through PFC and RFC without any guarantee during KCR rule. The loans were provided at the huge interest rate of 9 per cent to 15 percent.The CM slammed the union government for not approving the Metro Rail expansion project. The Chief Minister alleged that the centre discriminated against Telangana and approved only the metro rail projects Ahmedabad, UP and Vizag recently. “ We are not politicising the metro rail issue . Our goal is to take over the first phase of the Metro and complete Phase 2” .

CM Revanth Reddy took a broadside at the previous BRS government for the delay of the Metro Rail first phase project soon after the formation of Telangana state. KCR’s actions caused a three-year delay in the completion of the first phase and the project’s original estimation of R₹15,000 crore escalated to ₹22,000 crore. As a result, the L&T company incurred losses.

strong dig

The Chief Minister also took a strong dig at the KCR government for neglecting the metro rail expansion during the 10 year rule. The BRS leaders focused more on amassing wealth rather than taking care of people’s welfare, the CM charged.

The Chief Minister expressed serious concern over dropping Hyderabad metro rail ranking to 9th place recently. The CM castigated KCR and Kishan Reddy for indulging in collusion politics on Metro rail expansion. The union minister was silent when KCR made harsh comments. CM Revanth Reddy wondered why the BRS and Kishan Reddy were hurling challenges at us. “ We respect Kishan Reddy but we are frustrated with him now. KTR is behind Kishan Reddy who is abetting conspiracies”.

CM Revanth Reddy highlighted that the Congress government in the erstwhile united Andhra Pradesh had formulated plans to provide transport facilities of international standards for this global city. During YSR’s tenure, the then Union Minister for Urban Development, Jaipal Reddy sanctioned the Metro Rail project to Hyderabad. After YSR’s untimely demise, agreements for the first phase of the Metro were finalized during Rosaiah’s tenure. The project was commenced with the target of completing the first phase by 2017 .After the formation of Telangana, the first phase of the Metro was obstructed under the pretext of protecting historical monuments. Upon assuming power, the people’s government decided to take up the Metro Rail expansion. We met the Prime Minister and Union Ministers requesting for approval several times. 

The Chief Minister also questioned the centre for the slowdown in the Warangal Airport project works. He met Civil Aviation minister Rammohan Naidu requesting to expedite the airport works, the CM said.

Published on June 15, 2026