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HMR yet to receive remaining fund from Centre Updated: Updated: Payment under VGF still pending Share Article Payment under VGF still pending While there is renewed hope of second phase of the Hyderabad Metro Rail (HMR) kicking off with the government allotting ₹1,000 crore in this year’s budget, the pending payment from the Centre under the Viability Gap Funding (VGF) continues to stick as a sore thumb. This is for the first phase of the project built by L&T Metro Rail Hyderabad (L&TMRH) across three routes under the Public, Private Partnership (PPP) mode. The Centre had assured to give ₹1,458 crore or little more than 10% of the projected cost of ₹14,156 crore then and the money was being released in stages as per the construction progress in the seven years of construction for completing about 69.2 km - Red Line or Corridor One from L.B. Nagar to Miyapur, Blue Line or Corridor Three from Nagole to Raidurg and Green Line or Corridor Two - Jubilee Bus Station and Mah

Andhra pradeshKt rama raoNirmala sitharamNarendra modiK chandrasekhar raoHyderabad metro railViability gap fundingPrivate partnershipCorridor oneBlue lineCorridor threeGreen lineCorridor twoBus stationMahatma gandhi bus stationOld city