Musi River Revival: ADB Clears Rs. 4,100 Crore Loan

Musi River Revival | Hyderabad: The revival of the Musi River has gained momentum as the Asian Development Bank (ADB) has approved a ₹4,100 crore loan to the Telangana government for the project.

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Officials confirmed that the Central government has given in-principle approval for the borrowing plan. During his recent Delhi visit, Chief Minister Revanth Reddy met ADB representatives along with municipal officials, where the bank expressed willingness to support the initiative.

The agreement between the ADB and state officials has reportedly been finalized, following which an ADB delegation inspected the first phase of the Musi River Rejuvenation Project.

Comprehensive Development Plans for Musi River

According to Musi Riverfront Development Corporation Limited (MRDCL) officials, the ADB team reviewed various aspects of the project, including infrastructure, environment, and tourism potential.

Initially, the state planned to seek financial assistance from the World Bank, but the Union Finance Department recommended opting for ADB funding. After reviewing the detailed project report (DPR), ADB agreed to finance the project, recognizing its environmental sustainability goals.

The government has drawn plans to build roads and basic amenities on both sides of the river.

It also aims to channel flood and sewage water from adjoining regions into new Sewage Treatment Plants (STPs) along the Musi’s course.

ADB representatives have inspected these proposed STP sites and are scheduled to make a second visit in early November. Following that, officials expect the loan processing to begin formally.

The project’s DPR is being finalized based on Blue, Green, and Land Use Master Plans, along with Landmark and Infrastructure development blueprints.

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Authorities intend to complete the DPR by December 2025 and start construction by January 2026.

Musi River Revival

The overall project outlay is estimated at ₹5,863 crore — ₹4,100 crore from ADB and ₹1,763 crore as the state’s share.

The plan includes tourism facilities, commercial complexes, amusement parks, and entertainment zones, to be developed through public-private partnerships and leasing arrangements to ensure sustained revenue.

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Additionally, the Revenue Department has allocated 734 acres for the Musi Riverfront project, covering areas in Gandipet, Himayatsagar, Kismatpur, Premavathipet, and Budvel.

Lands earlier assigned to institutions like TISS and IIPH have been transferred for the project, with alternate plots to be allotted in the proposed Future City.

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The government is also planning the “Gandhi Sarovar” project on 100 acres near Langar Houz and Bapu Ghat, with partial land clearance already received from the Defence Ministry.

Authorities are also working on transforming key urban sites — including High Court surroundings, Osmania Hospital, Shilparamam at Nagole, and the National Flag site — into major landmark projects under the Musi River development initiative.

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