Telangana Chief Minister A Revanth Reddy has urged Union Ministers to expedite the appointment of SBICAPS as a consultant for the Hyderabad Metro Rail Phase 1 valuation and Phase 2 report. A decision made on June 24th to appoint SBICAPS for takeover facilitation and financial examination of Phase 1, along with Phase 2 financing, remains unfulfilled. The delay is causing operational uncertainty and impacting Phase 2's progress and costs.

CM Revanth Reddy urges the Central Government to assign metro rail valuation and refinancing tasks to SBI CAPS immediately.

Telangana Chief Minister A Revanth Reddy has urged Union Ministers to expedite the appointment of SBICAPS as a consultant for the Hyderabad Metro Rail Phase 1 valuation and Phase…