StockWatch
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Financial Institution
Deals25 May 2026, 11:47 am

IRFC Refinances Hyderabad Metro with ₹13,527 Cr Deal

AI Summary

Indian Railway Finance Corporation (IRFC) has signed a ₹13,527 crore refinancing deal with L&T Metro Rail (Hyderabad) Limited for the Hyderabad Metro Rail project. This transaction marks a significant move towards urban rail financing and supports the Government of Telangana's efforts to strengthen urban mobility infrastructure. The refinancing will replace existing debt obligations, improving the project’s long-term financial sustainability. The Hyderabad Metro Rail Phase-I spans 69.2 kilometers with 57 stations and serves over 5 lakh passengers daily.

Key Highlights

  • IRFC provides ₹13,527 crore refinancing for Hyderabad Metro.
  • The deal supports urban rail financing and sustainable mobility.
  • Refinancing replaces higher-cost debt with long-term rupee financing.
  • Hyderabad Metro serves over 5 lakh passengers daily.
  • The loan has a 20-year tenure with quarterly repayments.