Telangana's Ambitious T-Fiber Project: A Push for $1,250 Crore Loan
Telangana Chief Minister Revanth Reddy has requested an interest-free, long-term loan of Rs 1,250 crore from the Centre for the T-Fiber project, aimed at providing fiber connectivity to 93 lakh households. In meetings with Union Telecom Minister Jyotiraditya Scindia and others, Reddy highlighted the project's benefits and sought additional support.
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Telangana Chief Minister Revanth Reddy on Friday appealed to the Centre for an interest-free, long-term loan amounting to Rs 1,250 crore to support the T-Fiber project, which seeks to provide fiber connectivity to 93 lakh households for Rs 300 per month.
In a meeting with Union Telecom Minister Jyotiraditya Scindia, Reddy disclosed that the state government had already secured Rs 530 crore from financial institutions for the Rs 1,779-crore project. He emphasized the need for the remaining sum to be sourced as a long-term, interest-free loan from the Universal Service Obligation Fund (USOF).
The Chief Minister, accompanied by Deputy Chief Minister Mallu Bhatti Vikramarka, emphasized the aim of the T-Fiber project to connect all village panchayats, mandals, and districts with high-speed internet, cable TV, and e-education services, along with G2G and G2C connectivity to 65,500 government institutions.
Additionally, Reddy called for the timely provision of infrastructure for the National Optical Fiber Network (NOFN) Phase 1 and urged fast-track approval of the Detailed Project Report for converting NOFN Phase 1 to BharatNet-3 architecture. He also requested an extension of the BharatNet movement scheme to T-Fiber.
In a separate meeting with Union Sports Minister Mansukh L Mandaviya, Reddy sought opportunities to host national and international sports events and requested financial assistance to establish a Sports University.
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