Hyderabad Metro Loan Talks Positive, Says CM Revanth Reddy After Meeting Railway Minister Ashwini Vaishnaw
Telangana Chief Minister A. Revanth Reddy said discussions with Railway Minister Ashwini Vaishnaw regarding an IRFC loan for Hyderabad Metro were positive after a meeting in New Delhi.
New Delhi/Hyderabad: Telangana Chief Minister A. Revanth Reddy on Monday said that discussions with Union Railway Minister Ashwini Vaishnaw regarding a loan from the Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro project were positive. The Chief Minister made the statement after meeting Ashwini Vaishnaw in New Delhi along with Union Coal and Mines Minister G. Kishan Reddy. The discussions focused on securing financial support for the Hyderabad Metro, and further consultations are scheduled with Union Minister Manohar Lal Khattar.
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Revanth Reddy Meets Ashwini Vaishnaw and G. Kishan Reddy in Delhi
Chief Minister A. Revanth Reddy met Union Railway Minister Ashwini Vaishnaw in Delhi to discuss the issue of obtaining a loan from IRFC for the Hyderabad Metro project.
Union Coal and Mines Minister G. Kishan Reddy also participated in the meeting.
The discussions were held as part of the Telangana government’s efforts to secure funding support for the Hyderabad Metro.
Hyderabad Metro IRFC Loan Discussions Positive
Speaking to media representatives after the meeting, Revanth Reddy said the talks with Ashwini Vaishnaw were positive.
The Chief Minister expressed optimism regarding the discussions related to the proposed IRFC loan for Hyderabad Metro.
No specific financial figures or loan amounts were disclosed during the interaction with the media.
Meeting Scheduled with Manohar Lal Khattar
Revanth Reddy also announced that he would meet Union Minister for Housing and Urban Affairs Manohar Lal Khattar on Tuesday morning.
According to the Chief Minister, the upcoming meeting will focus on matters related to the Hyderabad Metro project and associated issues.
The meeting is expected to be part of the ongoing discussions between the Telangana government and the Centre regarding urban infrastructure development.
Hyderabad Metro Project Remains Key Focus
The Hyderabad Metro project remains one of the major infrastructure initiatives being pursued by the Telangana government.
The state government is exploring financial support mechanisms, including assistance through IRFC, to facilitate the project’s future development and expansion plans.
Chief Minister A. Revanth Reddy said discussions with Union Railway Minister Ashwini Vaishnaw regarding an IRFC loan for Hyderabad Metro were positive following a meeting in New Delhi attended by Union Minister G. Kishan Reddy. Speaking to the media after the meeting, Revanth Reddy said the talks progressed positively and announced that he would meet Union Housing and Urban Affairs Minister Manohar Lal Khattar on Tuesday morning for further discussions related to the Hyderabad Metro project. The funding discussions are currently ongoing.
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