The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a memorandum of understanding with the National Bank for Financing Infrastructure and Development (NaBFID) to provide Transaction Advisory Services (TAS) for Amaravati’s infrastructure planning. The agreement was formalised in the presence of Chief Minister Nara Chandrababu Naidu.

Under this partnership, NaBFID will act as a strategic adviser, supporting APCRDA in creating a comprehensive financial blueprint for infrastructure projects in Amaravati. This includes evaluating various implementation models such as public-private partnerships (PPP), identifying monetisation avenues for land assets, and formulating sustainable financing strategies.

NaBFID will also provide guidance on stakeholder engagement and investor outreach to support long-term capital city development.

APCRDA Commissioner K. Kannababu described Amaravati's development as a major government initiative, noting that the partnership with NaBFID would strengthen the financial ecosystem for the city’s growth.

Managing Director Rajkiran Rai G. added, “Through Transaction Advisory Services, we aim to unlock innovative financing models for key infrastructure projects. This engagement supports structured development and robust urban infrastructure.”