Telangana seeks JICA funding for Metro Phase 2
RAILWAYS & METRO RAIL

Telangana seeks JICA funding for Metro Phase 2

Telangana Chief Minister A. Revanth Reddy has sought financial support from the Japan International Cooperation Agency (JICA) for Hyderabad Metro Rail Phase 2, during his visit to Tokyo on Thursday.

The CM presented a proposal for the Rs 242.69 billion project, which is planned as a joint venture between the State and Central governments. Of this, the Telangana government is seeking Rs 116.93 billion—or 48 per cent of the cost—as a loan from JICA, in line with India’s foreign debt funding norms.

Revanth Reddy met with JICA senior vice president Shohei Hara and other top officials to highlight Telangana’s investor-friendly policies and infrastructure plans. He underlined Hyderabad’s growing global profile and urged support not just for the metro expansion, but also for the Musi River rejuvenation and development of radial roads linking the Outer Ring Road to the proposed Regional Ring Road.

The CM reiterated his vision to transform Hyderabad into a global city on par with hubs like New York and Tokyo, and asked JICA to consider backing key urban projects that align with that goal.

In response, Shohei Hara acknowledged the longstanding partnership between JICA and Telangana and encouraged the state to formally route its proposals through the Central government for further consideration.

Telangana Chief Minister A. Revanth Reddy has sought financial support from the Japan International Cooperation Agency (JICA) for Hyderabad Metro Rail Phase 2, during his visit to Tokyo on Thursday. The CM presented a proposal for the Rs 242.69 billion project, which is planned as a joint venture between the State and Central governments. Of this, the Telangana government is seeking Rs 116.93 billion—or 48 per cent of the cost—as a loan from JICA, in line with India’s foreign debt funding norms. Revanth Reddy met with JICA senior vice president Shohei Hara and other top officials to highlight Telangana’s investor-friendly policies and infrastructure plans. He underlined Hyderabad’s growing global profile and urged support not just for the metro expansion, but also for the Musi River rejuvenation and development of radial roads linking the Outer Ring Road to the proposed Regional Ring Road. The CM reiterated his vision to transform Hyderabad into a global city on par with hubs like New York and Tokyo, and asked JICA to consider backing key urban projects that align with that goal. In response, Shohei Hara acknowledged the longstanding partnership between JICA and Telangana and encouraged the state to formally route its proposals through the Central government for further consideration.

Next Story
Infrastructure Urban

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Next Story
Infrastructure Urban

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

Next Story
Infrastructure Urban

ADIO partners Motherson to set up large automotive components hub in KEZAD

The Abu Dhabi Investment Office (ADIO) has announced its support for Samvardhana Motherson International Limited’s (Motherson) new manufacturing hub in Abu Dhabi, marking a major step in strengthening the emirate’s position as a global centre for advanced manufacturing and automotive supply chains.ADIO said the partnership aligns with its strategy to accelerate high-value industrial investments and build resilient supply chains across priority sectors, further reinforcing Abu Dhabi’s competitiveness as a regional and global manufacturing and export hub.Under the partnership, a large-scal..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement