Hyderabad is getting ready to turn its Metro Rail into a completely self-governing corporation, just like the Delhi Metro Rail Corporation (DMRC), to take care of the city’s metro system that is extending very fast. The government has already doubled the Greater Hyderabad Municipal Corporation (GHMC) limits from 150 to 300 wards and is going to add 400 km of the Metro network which will need a separate managerial structure that is corporate-like in nature for efficiency and independence.

Key Highlights:

• The suggested corporation will take charge of the management of Hyderabad Metro Rail’s first and second phases.
• The process of land acquisition for phase two is made easier: 70% in LB Nagar and Chandrayangutta corridors, 30% for some other routes.
• Phase II consists of eight corridors that make up to more than 200 kilometers and it is estimated that the total cost will be ₹43,848 crore (₹24,269 crore for Part-A, ₹19,579 crore for Part-B).
• The central and state governments will carry out the project under a 50:50 joint venture.
• First phase handover from L&T under PPP model; the state plans to leverage revenue from 212 acres of TOD lands for the second phase.
• Proposed stretches include Nagole-LB Nagar-Airport (36.8 km), Rayadurgam-Kokapet Neopolis (11.6 km), MGBS-Chandrayangutta (7.5 km), Miyapur-Patancheru (13.4 km), LB Nagar-Hayatnagar (7.1 km), JBS-Medchal (24.5 km), JBS-Shamirpet (22 km), and Shamshabad Airport-Bharat Future City (40 km).
• IDBI engaged for legal assessment of land from L&T; technical consultancy to follow.
• Progress to maintain 700 out of 880 properties on MGBS-Chandrayangutta section has been accomplished.

The purpose of this restructuring is to grant Hyderabad Metro more control over its finances and activities, thus lessening the interference of bureaucracy and ultimately speeding up the execution of the grand Phase II expansion project.