Telangana CM urges Kishan Reddy to intervene in stalled Hyderabad Metro Rail take over loan
CM A. Revanth Reddy urges Union Minister Kishan Reddy to expedite the disbursement of funds for Hyderabad Metro Rail takeover.
Opening excerpt (first ~120 words) tap to expand
Chief Minister A. Revanth Reddy appealed to Union Minister for Coal and Mines G. Kishan Reddy to ensure that the sanctioned IRFC loan for the takeover of Hyderabad Metro Rail (HMR) Phase I from L&T Metro Rail Hyderabad (L&TMRH) is disbursed without further delay, and that HMR Phase II receives all necessary approvals at the earliest from the Centre.In an open letter to the BJP leader and Secunderabad MP, the Chief Minister urged him to take up the matter immediately with IRFC and Railway Minister Ashwini Vaishnaw, and ensure the release of the sanctioned funds. He noted that the central public sector enterprise had already completed due diligence and approved the financing.Mr.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.