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Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Hyderabad Metro Phase 2 to begin in 2025, with a focus on key corridors

#Top Stories#India#Telangana#Hyderabad
PNT Reporter | Last Updated : 5th Dec, 2024
Synopsis

Phase 2 of the Hyderabad Metro is set to cover 76.4 kilometers across five corridors, down from the initially planned 116.4 kilometers, with the proposed fourth city Metro connectivity of 40 kilometers on hold. Expected to serve 800,000 passengers daily, this phase prioritizes immediate urban mobility needs. The first construction focus will be a 7.5-kilometer expansion of the Old City corridor, with demolitions anticipated by the end of the year. The project will also introduce a double-decker flyover and utilize modern construction techniques to accelerate development.

The highly anticipated Phase 2 of the Hyderabad Metro will initially span 76.4 kilometers across five corridors, instead of the planned 116.4 kilometres, with the fourth city Metro connectivity of 40 kilometres put on hold, officials announced


Once completed, Phase 2 is expected to accommodate around 800,000 passengers daily. NVS Reddy, managing director of Hyderabad Airport Metro Limited (HAML), explained that the fourth city remains an undeveloped concept, so, following the government's advice, they have strategically prioritized five corridors based on immediate urban mobility needs and technical feasibility. He added that the detailed project reports for these corridors have been finalized, with construction set to begin by January 2025.

The proposals for Phase 2, including the detailed project report (DPR), comprehensive mobility plan (CMP), and alternative transit analysis reports, have been submitted to the Union Ministry of Housing and Urban Affairs (MoHUA) for technical and financial review.

The first construction efforts will focus on the 7.5-kilometer expansion of the Old City corridor from MBGS to Chandrayangutta, with 500 preliminary notifications for land acquisition already issued. Awards are scheduled for the third week of December, with demolitions and utility relocations expected to commence by the end of the year.

Phase 2 will also introduce Hyderabad's first double-decker flyover, a 1.6-kilometer section that will combine a Metro viaduct and a flyover near Madinaguda. HAML have requested the NHAI to pause flyover construction so that Metro work can proceed simultaneously. Additionally, there are nearly six flyovers being built by the National Highway Authority from LB Nagar to Hayathnagar, and HAML plans to construct the Metro on the left service lane.

To expedite construction, the project will utilize 'double U' girders-precast, pre-tensioned, U-shaped structural components-representing a modern technique that contrasts with the box girders used in Phase 1, which took longer to build.

However, the project is facing difficulties in the northern corridor, which currently does not meet the Union government's requirement of 90% right of way.

Regarding financing, the managing director shared that previously, under the PPP model, banks charged a 10% interest rate, resulting in an annual interest burden of INR 1,300 crore. Now, under the joint venture model, they have access to funds at a 2% interest rate. This loan can be repaid over 40 years, allowing for greater profitability and improved service quality for the passengers.

By prioritizing key corridors and leveraging favourable financing options, the Hyderabad Metro is set to meet the growing demands of its passengers, ultimately contributing to a more efficient and sustainable urban environment.

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