Telangana Government to Acquire L&T's Stake in Hyderabad Metro Rail: Paving Way for Phase 2 Expansion

Sep 26, 2025 01:25 am CST

The Telangana government and L&T have reached an in-principle agreement for state acquisition of the Hyderabad Metro Rail project. This breakthrough aims to resolve the deadlock over the Phase 2 expansion, with the government assuming the Rs 13,000 crore debt and providing a one-time settlement of Rs 2,000 crore for L&T's equity investment, transforming the metro into a fully state-controlled entity.