Telangana sanctions Rs 24.10 bn to develop Hyderabad roads

In the orders issued last week, the government also accorded permission to take up 50 identified roads/corridors with at a cost Rs 15 billion on priority basis.

The Hyderabad Road Development Corporation Ltd (HRDCL) had informed the government of the success of the Missing Links Project in Phase-1 and Phase-II and sought the project to be extended for another 104 roads/corridors identified within the limits of GHMC and adjoining ULBs.

For this, the government was requested to provide administrative sanction for an amount of Rs 24.10 billion with permission to take up 50 roads/corridors in Phase-III with five packages on priority basis.

While providing the administrative sanction, the government orders said the expenditure should be met by the Hyderabad Metropolitan Development Authority (HMDA) from internal resources/raising loans from financial institutions.

See also:
Telangana government approves Rs 100 million for emergency road repairs
BMC claims 50% of work on Coastal Road second tunnel done