Overview
- Industries Minister D Sridhar Babu said the Asian Development Bank has given an in‑principle nod for a Rs 4,100 crore loan to support parts of Phase‑I.
- Chief Minister A. Revanth Reddy said the Phase‑I DPR for a 21 km stretch from Osmansagar and Himayatsagar to Bapughat is due within days, with cost estimates targeted before March 31 ahead of launch.
- The government has submitted a preliminary report seeking Rs 3,188 crore from the Ministry of Jal Shakti under the National River Conservation Plan, and the Centre has permitted DPR preparation.
- The Musi Riverfront Development Corporation is leading Phase‑I implementation, drawing on a comprehensive DPR by a Meinhardt‑led consortium with Cushman & Wakefield India and RIOS.
- Broader plans include a 55 km redevelopment from Gandipet to Gowrelli with an elevated corridor and interlinking of Musi, Isa, Krishna and Godavari, plus a Gandhi Sarovar project for which Rajnath Singh agreed to alienate 55 acres of defence land initially.