Telangana Government acquires 100% equity of L&T Metro Rail (Hyderabad) Limited for ₹1,461.47 crore

Key facts

• The Telangana government acquired 100 per cent equity shares of L&T Metro Rail (Hyderabad) Limited (LTMRHL) through Hyderabad Metro Rail Ltd (HMRL) for ₹1,461.47 crores.
• The debt of LTMRHL, amounting to ₹13,538.53 crores as of April 30, 2026, will be refinanced with a guarantee issued by the Government of Telangana.
• LTMRHL has operated Hyderabad Metro Rail Phase I since November 2017, which spans three corridors with a total network length of 69 km.
• The Metro Rail network currently serves an average daily ridership of approximately 4.5 lakh passengers and has recorded about 86 crore passenger trips since its inception.
• The acquisition aims to ensure closer strategic alignment between the existing Phase I and the proposed Phase II network for better integration in planning, execution, and service delivery.