Andhra Govt, NaBFID Sign MoU for Infra Transaction Advisory Services

16 Jul 2025 CW Team

Acting as a strategic advisor, the institution will help APCRDA design a high-impact financial blueprint for infrastructure projects in Amaravati, the capital city of Andhra Pradesh.

As part of the advisory support, the institution will assist in formulating financial strategy and evaluating various implementation models, including Public-Private Partnerships (PPP), for multiple infrastructure projects across the region. The institution will also help in identifying potential revenue sources along with exploring monetization options for available land assets.

Additionally, the institution will engage with APCRDA in formulating financial models and extend advisory support for engaging relevant stakeholders and potential investors.

This partnership aims to craft an effective financial roadmap for Amaravati aligned with the city's long-term development goals and priorities.

Speaking on the partnership, Mr. Rajkiran Rai G., Managing Director at National Bank for Financing Infrastructure and Development, said, “We are pleased to collaborate with APCRDA in its mission to build world-class infrastructure for Amaravati. Through our Transaction Advisory Services, we aim to unlock innovative financing models for key infrastructure projects in the capital region. This engagement reflects our shared objective of enabling structured development and contributing to the creation of robust, service-oriented urban infrastructure.

K Kannababu, Commissioner, APCRDA, added, “The development of Amaravati as the capital city is a major initiative of the Andhra Pradesh Government. The MoU with National Bank for Financing Infrastructure and Development marks a significant step towards strengthening the financial ecosystem for development of the infrastructure assets in the greenfield capital city. With the institution’s expertise in infrastructure advisory and financing, APCRDA aims to implement well-structured development projects with optimized capital deployment.

The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for Transaction Advisory Services (TAS), in the presence of Hon’ble Chief Minister of Andhra Pradesh, Shri N. Chandrababu NaiduActing as a strategic advisor, the institution will help APCRDA design a high-impact financial blueprint for infrastructure projects in Amaravati, the capital city of Andhra Pradesh.As part of the advisory support, the institution will assist in formulating financial strategy and evaluating various implementation models, including Public-Private Partnerships (PPP), for multiple infrastructure projects across the region. The institution will also help in identifying potential revenue sources along with exploring monetization options for available land assets.Additionally, the institution will engage with APCRDA in formulating financial models and extend advisory support for engaging relevant stakeholders and potential investors.This partnership aims to craft an effective financial roadmap for Amaravati aligned with the city's long-term development goals and priorities.Speaking on the partnership, Mr. Rajkiran Rai G., Managing Director at National Bank for Financing Infrastructure and Development, said, “We are pleased to collaborate with APCRDA in its mission to build world-class infrastructure for Amaravati. Through our Transaction Advisory Services, we aim to unlock innovative financing models for key infrastructure projects in the capital region. This engagement reflects our shared objective of enabling structured development and contributing to the creation of robust, service-oriented urban infrastructure.K Kannababu, Commissioner, APCRDA, added, “The development of Amaravati as the capital city is a major initiative of the Andhra Pradesh Government. The MoU with National Bank for Financing Infrastructure and Development marks a significant step towards strengthening the financial ecosystem for development of the infrastructure assets in the greenfield capital city. With the institution’s expertise in infrastructure advisory and financing, APCRDA aims to implement well-structured development projects with optimized capital deployment.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Infrastructure Urban

22 Oct 2025

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Infrastructure Energy

22 Oct 2025

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..