KTR seeks special package for Hyderabad in Union Budget
Deccan ChronicleHYDERABAD: Minister for municipal administration and urban development K.T. He asked for expediting payment of Rs 254 crore, part of viability gap funding for Hyderabad metro rail project, which has been pending for five years. Rao said the preliminary estimate for the 20-km mass rapid transit system was Rs 3,050 crore, and asked the Centre to provide Rs 450 crore as 15 per cent of its equity. The minister said building the Musi riverfront development and east-west expressway would cost Rs 14,000 crore, SRDP Phase-II Rs 14,000 crore and elevated corridors Rs 9,000 crore for a total of Rs 34,500 crore. The minister sought Rs 750 crore, 20 per cent of the Rs 3,777 crore project cost for solid waste management project, bio-mining, faecal sludge and waste water treatment plants.