ADB Backs Musi River Project with ₹4,100 Cr; Hyderabad's Fate Set to Change

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News18•02-01-2026, 16:26
ADB Backs Musi River Project with ₹4,100 Cr; Hyderabad's Fate Set to Change
- •Asian Development Bank (ADB) approved ₹4,100 crore loan for Phase 1 of Musi River Rejuvenation Project.
- •Telangana government seeks ₹3,188 crore from Central government under National River Conservation Plan.
- •Project divided into five zones; Zone-1 (55 km) master plan prepared by international firms like Meinhardt.
- •CM Revanth Reddy plans to develop Mahatma Gandhi Memorial at Bapu Ghat into a world-class tourist destination.
- •Goal: Restore Musi's glory, curb pollution, enhance environment, and create economic opportunities for locals.
Why It Matters: ADB's ₹4,100 Cr funding and CM Reddy's vision propel Musi River rejuvenation, promising Hyderabad's transformation.
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