+
AMC Spends Rs 116.81 Bn on Development in FY 2024–25
ECONOMY & POLICY

AMC Spends Rs 116.81 Bn on Development in FY 2024–25

The Ahmedabad Municipal Corporation (AMC) has significantly ramped up its development expenditure, clocking a record spend of Rs.11,681.77 crore in the financial year 2024–2025 — a 15% increase over the previous year’s figure of Rs 101.40 billion.

According to Standing Committee Chairman Devang Dani, this year’s outlay covered a wide spectrum of infrastructure and urban improvement projects. Key allocations include ?544.94 crore for water supply, Rs 13.98 billion for drainage infrastructure, and ?268.30 crore for the development of Kharikat.

Other major investments included:

Rs 8.49 billion for water drainage projects

Rs 10.95 billion for white-topping roads and iconic roadworks

Rs 2.46 billion for new bridges

Rs 1.47 billion for the 375 MLD Vasana GRCP plant

This follows AMC’s historic 2023–24 milestone, when total spending exceeded Rs 100 billionfor the first time. With the 2024–25 budget surpassing even that, the city is poised for accelerated infrastructure development and urban transformation.

The Ahmedabad Municipal Corporation (AMC) has significantly ramped up its development expenditure, clocking a record spend of Rs.11,681.77 crore in the financial year 2024–2025 — a 15% increase over the previous year’s figure of Rs 101.40 billion. According to Standing Committee Chairman Devang Dani, this year’s outlay covered a wide spectrum of infrastructure and urban improvement projects. Key allocations include ?544.94 crore for water supply, Rs 13.98 billion for drainage infrastructure, and ?268.30 crore for the development of Kharikat. Other major investments included: Rs 8.49 billion for water drainage projects Rs 10.95 billion for white-topping roads and iconic roadworks Rs 2.46 billion for new bridges Rs 1.47 billion for the 375 MLD Vasana GRCP plant This follows AMC’s historic 2023–24 milestone, when total spending exceeded Rs 100 billionfor the first time. With the 2024–25 budget surpassing even that, the city is poised for accelerated infrastructure development and urban transformation.

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?