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Metro commuters in Hyderabad are likely to wait longer during peak hours due to the delay in induction of the 60 new coaches by at least two years caused by the much drawn-out transfer of the Telangana government’s phase-I project.

Originally, the state government was planning to order additional coaches right after the formal transfer from the Centre, amid discussions with Bengaluru’s Bharat Earth Movers (BEML). The process, however, was tied up when the Centre directed a



fresh valuation of the Metro project, inadvertently delaying procurement, among other major decisions.

SBI Caps, a subsidiary of State Bank of India, has been appointed to carry out the valuation and supervise the financial reconstitution. The group was also asked to identify a lender to refinance the existing debt collected by the Metro. According to officials, the valuation is expected to finish after two months, with the transfer believed to be completed by the end of 2026.
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