Hyderabad Metro Rail Expansion Faces Funding Challenges

Hyderabad Metro Rail's Phase-I takeover and Phase-II expansion struggle as funding search continues. SBI Caps is seeking ₹13,500 crore but lenders hesitate. Officials reveal no financial institution has agreed to the low interest rates requested by the government, causing delays in this crucial infrastructure project.

⚖️ AI Verdict

"Funding woes are a real buzzkill for the metro's growth plans!"

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File ID: #405875Original Source: The Hindu ↗

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