Centre has asked Telangana to directly fund and service the loan for the proposed takeover of Hyderabad Metro Phase-I, making it a key condition for moving ahead with a joint venture model for Phase-II expansion.

Metro funding discussions for Hyderabad's Phase-I and II referred to Urban Development Ministry after inconclusive talks in Delhi.

Hyderabad Metro Rail's expansion plans stall as fresh valuation review raises uncertainties over loan disbursal and project timelines.