The agreement was
signed in the presence of Manoj Kumar Dubey, CMD of IRFC; K. Ramakrishna Rao;
Sarfaraz Ahmad; Randhir Sahay; Deepa Kotnis; along with senior officials from
IRFC, HMRL, and L&TMRHL.
Hyderabad Metro Rail Phase-I, spanning 69.2 km across three corridors
with 57 stations, is among the world’s largest metro rail projects developed under
the public-private partnership (PPP) model and currently serves more than five
lakh passenger journeys daily.
The refinancing
transaction highlights growing institutional confidence in India’s urban
transport infrastructure and reinforces the long-term viability of metro rail
systems in supporting sustainable transportation and urban development. Industry stakeholders noted that IRFC’s expanding role in financing
strategically important infrastructure projects will contribute significantly
toward modernising India’s urban mobility ecosystem and advancing the vision of
Viksit Bharat 2047.