Hyderabad Metro Takeover: Telangana Govt Gets ₹13,615 Crore Boost from IRFC.

The Indian Railway Finance Corporation has agreed to extend a ₹13,615 crore loan to the Government of Telangana for the proposed takeover of the Hyderabad Metro Rail from L&T Metro Rail Hyderabad, marking a significant step toward bringing the urban transit network under state control.

According to official sources, the State Cabinet has been informed that the financing arrangement has been approved, with a repayment period of 20 years backed by a government guarantee. The loan is expected to facilitate the transition of ownership, although detailed legal and procedural frameworks for executing the takeover are yet to be finalized.

Officials indicated that work is now underway to complete the necessary formalities, including structuring the agreement and addressing operational aspects of the transfer. A formal announcement outlining the modalities of the takeover is expected in the near future.

The move is seen as a major policy decision aimed at strengthening public oversight of urban transport infrastructure in Hyderabad, where the metro rail system plays a critical role in daily commuting.