Telangana's Ambitious Development: CM Seeks HUDCO's Support

Telangana's Chief Minister, A Revanth Reddy, requested HUDCO Chairman Sanjay Kulshrestha to provide lower interest loans for state projects like Bharat Future City. The meeting addressed loan restructuring, interest rates, and funding for infrastructure projects, including Hyderabad Metro Rail expansion and housing schemes, alongside inviting HUDCO to a global summit.

Telangana's Chief Minister A Revanth Reddy has made a direct appeal to HUDCO Chairman Sanjay Kulshrestha for reduced-interest loans to support the state's major development efforts.

Key projects discussed at the meeting included the Hyderabad Metro Rail expansion, Regional Ring Road, and development of greenfield roads linking Bharat Future City to significant destinations and ports.

The engagement also touched on potential loan restructuring and past loan interest rates, with a positive response from HUDCO regarding further support and participation in the upcoming Global Summit at Bharat Future City.

(With inputs from agencies.)