Tuttiquotidiani is completely free. Every day we aggregate news from 100+ sources and generate original AI summaries for you. Help us keep the service running with a small donation, or become TQ Pro for just €1/month.

Donate now TQ Pro - 1€/mo

L&T exits Hyderbad Metro Rail project after IRFC refinances Rs 13,527 crore loan at lower rates

Posted on May 25, 2026
By Financial Express
1 Views
1 min read

L&T exits Hyderbad Metro Rail project after IRFC refinances Rs 13,527 crore loan at lower rates

The Indian Railway Finance Corporation (IRFC) enters urban metro financing with a massive ₹13,527-crore refinancing package for the Hyderabad Metro, cutting borrowing costs from 10.5% to 7% following the project's 100% transfer to the Telangana government.