Telangana CM urges Kishan Reddy to intervene in stalled Hyderabad Metro Rail take over loan
Revanth Reddy appealed to Union Minister for Coal and Mines G. He noted that the central public sector enterprise had already completed due diligence and approved the financing.Mr. Revanth Reddy said the government has provided sovereign-level repayment safeguards, including a Direct Debit Mechanism through the RBI.
- ▪Revanth Reddy appealed to Union Minister for Coal and Mines G.
- ▪He noted that the central public sector enterprise had already completed due diligence and approved the financing.Mr.
- ▪Revanth Reddy said the government has provided sovereign-level repayment safeguards, including a Direct Debit Mechanism through the RBI.
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| Original publisher | The Hindu — Top |
| Canonical URL | https://www.thehindu.com/news/national/telangana/cm-urges-kishan-reddy-to-intervene-in-stalled-hmr-take-over-loan/article71110470.ece |
| Publication time | Wed, 17 Jun 2026 12:13:36 +0530 |
| Retrieval time | 2026-06-17T06:54:38.813Z |
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Opening excerpt (first ~120 words) tap to expand
Chief Minister A. Revanth Reddy appealed to Union Minister for Coal and Mines G. Kishan Reddy to ensure that the sanctioned IRFC loan for the takeover of Hyderabad Metro Rail (HMR) Phase I from L&T Metro Rail Hyderabad (L&TMRH) is disbursed without further delay, and that HMR Phase II receives all necessary approvals at the earliest from the Centre.In an open letter to the BJP leader and Secunderabad MP, the Chief Minister urged him to take up the matter immediately with IRFC and Railway Minister Ashwini Vaishnaw, and ensure the release of the sanctioned funds. He noted that the central public sector enterprise had already completed due diligence and approved the financing.Mr.
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