GK and monthly revision

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

The Centre and Telangana government have appointed SBI Capital Markets to evaluate the takeover of Hyderabad Metro's Phase-I assets and assess financing for the upcoming Phase-II expansion. This strategic decision aims to enhance the city's metro network, indicating a collaborative effort to improve urban infrastructure. The evaluation by SBI Caps is significant as it will guide future investments and operational efficiency in public transport, which is crucial for urban mobility.