The Economic Times

Centre, Telangana appoint SBI Caps to evaluate Hyderabad Metro takeover, Phase-II expansion

Hyderabad Metro's future is set for a new direction as the Centre and Telangana government have agreed to appoint SBI Capital Markets. This move aims to evaluate the takeover of Phase-I assets and assess financing for the planned Phase-II expansion. The decision follows high-level discussions, signaling a collaborative approach to boost the city's metro network.