Chief Minister Revanth Reddy has urged the Centre to expedite the appointment of SBI Capital Markets Limited for valuation of Hyderabad Metro Phase I, citing operational uncertainty and delays in Phase II approvals.
The Telangana Assembly approved a resolution to take over Phase-I of Hyderabad Metro Rail from L&T, citing hurdles in expansion. CM Revanth Reddy said the move was vital for Phase-II proposals.