Amaravati, January 23, 2026: Visakhapatnam Metropolitan Region Development Authority (VMRDA) Commissioner N. Tej Bharat led a key review of the Visakhapatnam Metro Rail Project.
Officials assessed progress, timelines, implementation hurdles, and the urgent need for better coordination across departments. The focus stayed on mobilising the required Rs 2,618 crore in funding.
Suggestions emerged to tap nationalised banks for lower interest rates, secure at least a five-year moratorium on loan repayments to lighten early burdens, and consult RBI-guided institutions for favourable terms.
Authorities also plan to seek state government exemptions from taxes and GST. To cut costs, teams will re-examine station locations, alignments, and related elements, especially land acquisition.
