HYDERABAD: Days after Telangana chief minister A Revanth Reddy met Union Minister for Housing and Urban Affairs Manohar Lal Khattar at his residence in New Delhi and briefed him on the importance of the Hyderabad Metro Rail Phase-2 project, the Telangana govt submitted the Detailed Project Report (DPR) and all required documents for the Phase-2 (B) proposal to the central govt, according to Hyderabad Metro Rail Limited managing director NVS Reddy.The project, which was approved by the state cabinet, proposes extending the metro network by 86.1 km at an estimated total cost of Rs 19,579 crore.

The Phase 2 (B) proposal includes three corridors: RGIA to Bharat Future City (Skills University), covering 39.6 km at a cost of Rs 7,168 crore; JBS to Medchal, spanning 24.5 km at Rs 6,946 crore; and JBS to Shamirpet, extending 22 km at Rs 5,465 crore.Similar to the previously submitted Phase 2 (A) project, which comprised five corridors totalling 76.4 km, Phase 2 (B) is also proposed as a joint venture between the central govt and the Telangana govt.According to the central govt’s JV norms, funding will comprise Rs 5,874 crore (30%) from the Telangana govt, Rs 3,524 crore (18%) from the central govt, Rs 9,398 crore (48%) in the form of debt from international financial institutions and Rs 783 crore (4%) through a public-private partnership (PPP) component.