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The Economic Times

Telangana CM urges Union Ministers to appoint SBICAPS for valuation of Hyderabad Metro Phase 1 soon

Telangana Hyderabad A Revanth Reddy Kishan Reddy Manohar Lal

Hyderabad: Telangana Chief Minister A Revanth Reddy on Sunday urged Union Urban Affairs Minister Manoharal and Union Coal Minister G Kishan Reddy to expedite appointment of SBICAPS as a consultant for the valuation of Hyderabad Metro Rail Phase 1and prepare a report for Metro Phase 2, in line with the decision taken last month.

In separate letters to the two Union Ministers, he recalled the decision taken during the meeting in Delhi on June 24 in the presence of Manohar Lal, Kishan Reddy and Railway Minister Ashwini Vaishnaw to appoint SBICAPS as the consultant for valuation and financial examination of Metro Phase 1 for facilitating its takeover by Telangana government.

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