With the Metro rail getting good response from the residents of Hyderabad, the Telangana government has decided to extend the service to the Rajiv Gandhi International Airport at Shamshabad in the second phase works.

The government has announced setting up a Special Purpose Vehicle (SPV) to extend the Corridor-III from Biodiversity Park to the airport, covering a stretch of 30.7 km.

While the Hyderabad Metro Rail (HMR) would have 51 per cent stake in the SPV, the Hyderabad Metropolitan Development Authority (HMDA) will take the rest.

The State government has released a Government Order, giving details about the SPV. “It calls for planning, building, maintaining, operating, designing and running the metro rail and other mass transit connectivity to airports in Hyderabad and other cities,” Arvind Kumar, Principal Secretary (Municipal Administration and Urban Development),Telangana, said.

The SPV would also undertake road capacity improvement works for decongesting the city by constructing new roads and other modes of transport. This would include running cabs.

A Board of Directors, headed by a non-executive Chairman, will govern the SPV. SK Joshi, Chief Secretary, has been appointed as the Chairman and HMR Managing Director NVS Reddy as Managing Director of the SPV.

The company will have an authorised share capital of ₹1 crore, divided into 10 lakh equity shares of ₹10 each.

The HMR had launched the Phase-I of the project in November 2017 by opening a 30-km stretch connecting Miyapur-Ameerpet (13 km) of Corridor-I with Ameerpet-Nagole (17 km) of Corridor-III.

“So far, about 85 per cent of the project has been completed in the remaining phases of Phase-I,” he said.

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