+
Andhra Pradesh Unveils Rs 1.5 Trillion Infrastructure Push
ECONOMY & POLICY

Andhra Pradesh Unveils Rs 1.5 Trillion Infrastructure Push

Andhra Pradesh is pressing ahead with an ambitious infrastructure development drive, with investment proposals exceeding Rs 1.5 trillion across multiple sectors and districts, principal secretary M T Krishna Babu said at the 4.5th collectors’ conference on Wednesday.

The Andhra Pradesh Maritime Board has signed 20 memoranda of understanding, including three projects valued at over Rs 100 billion each and two in the Rs 50.01–100 billion range. Eight proposals fall between Rs 10.01–50 billion, while seven are below Rs 10 billion. Of the total, six proposals are at the SIPC/RFP stage and 14 have moved into implementation.

In aviation, AP Airports Development Corporation Limited has secured 10 MoUs. Five projects are valued between Rs 5.01–10 billion, while others exceed Rs 100 billion, spanning aerospace manufacturing, flight training and infrastructure development. A key investment includes Rs 200 billion by GMR-VIAL at Bhogapuram Aerocity.

Major coastal and maritime initiatives include the Mulapeta port in Srikakulam with a planned capacity of 100 MMTPA, a 1,000-acre shipbuilding cluster, a 400-acre logistics park, and the expansion of Gangavaram Port from 64 MMTPA to 100 MMTPA. ArcelorMittal Nippon Steel and NTPC are setting up captive ports in Anakapalli with investments of Rs 47.35 billion and Rs 10 billion respectively.

Kakinada is set to host LNG terminals worth Rs 110 billion and Rs 19.6 billion, alongside the expansion of deep-water port infrastructure. The Uppada fishing harbour will also be upgraded at an estimated Rs 3.61 billion. Shipbuilding clusters planned in Krishna and Nellore districts will attract investments of Rs 76 billion, Rs 15 billion and Rs 30 billion, while a Green Industrial City near Durgarajapatnam port is projected to cost Rs 50 billion.

Aerospace and aviation projects across Sri Sathya Sai, Kurnool and Palnadu districts are expected to bring investments of Rs 26.99 billion, Rs 71 billion and Rs 6.33 billion respectively. The state also plans to roll out a dedicated MICE Promotion Bureau and the Unified Logistics Interface Platform to strengthen tourism, logistics and investment facilitation.

Andhra Pradesh is pressing ahead with an ambitious infrastructure development drive, with investment proposals exceeding Rs 1.5 trillion across multiple sectors and districts, principal secretary M T Krishna Babu said at the 4.5th collectors’ conference on Wednesday. The Andhra Pradesh Maritime Board has signed 20 memoranda of understanding, including three projects valued at over Rs 100 billion each and two in the Rs 50.01–100 billion range. Eight proposals fall between Rs 10.01–50 billion, while seven are below Rs 10 billion. Of the total, six proposals are at the SIPC/RFP stage and 14 have moved into implementation. In aviation, AP Airports Development Corporation Limited has secured 10 MoUs. Five projects are valued between Rs 5.01–10 billion, while others exceed Rs 100 billion, spanning aerospace manufacturing, flight training and infrastructure development. A key investment includes Rs 200 billion by GMR-VIAL at Bhogapuram Aerocity. Major coastal and maritime initiatives include the Mulapeta port in Srikakulam with a planned capacity of 100 MMTPA, a 1,000-acre shipbuilding cluster, a 400-acre logistics park, and the expansion of Gangavaram Port from 64 MMTPA to 100 MMTPA. ArcelorMittal Nippon Steel and NTPC are setting up captive ports in Anakapalli with investments of Rs 47.35 billion and Rs 10 billion respectively. Kakinada is set to host LNG terminals worth Rs 110 billion and Rs 19.6 billion, alongside the expansion of deep-water port infrastructure. The Uppada fishing harbour will also be upgraded at an estimated Rs 3.61 billion. Shipbuilding clusters planned in Krishna and Nellore districts will attract investments of Rs 76 billion, Rs 15 billion and Rs 30 billion, while a Green Industrial City near Durgarajapatnam port is projected to cost Rs 50 billion. Aerospace and aviation projects across Sri Sathya Sai, Kurnool and Palnadu districts are expected to bring investments of Rs 26.99 billion, Rs 71 billion and Rs 6.33 billion respectively. The state also plans to roll out a dedicated MICE Promotion Bureau and the Unified Logistics Interface Platform to strengthen tourism, logistics and investment facilitation.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train’s Surat-Vapi Section Set for 2027

The first section of the Mumbai-Ahmedabad Bullet Train corridor, linking Surat and Vapi, is targeted to begin services in 2027. Construction is expected to be completed by December 2026, while Railway Minister Ashwini Vaishnaw has indicated that an inauguration could take place around the middle of 2027. The National High Speed Rail Corporation (NHSRCL) said the train being manufactured in India is expected to reach the tracks around April or May 2027. The train will undergo extensive testing before the section is opened for passenger services. The project began construction in 2021 and includ..

Next Story
Infrastructure Transport

Indian Railways Approves Four Projects Worth Rs. 7.36 bn Across Four States

Indian Railways has approved four projects with a combined value of Rs. 7.36 bn across Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The programme covers train protection, signalling, electric traction supply and a road overbridge, with each project assigned to a different railway zone. In Uttar Pradesh, Rs. 2.52 bn has been approved to extend the Kavach 4.0 automatic train protection system across 607.7 km in the Lucknow Division of North Eastern Railway. The system monitors train movements and can apply the brakes if a driver fails to observe a signal or exceeds a safe speed. The w..

Next Story
Infrastructure Urban

Chandru Raheja Sells 1.49% Stake in Mindspace REIT for Rs. 5 bn

Billionaire Chandru Lachmandas Raheja has sold a 1.49 per cent holding in Mindspace Business Parks REIT for Rs. 5 bn through a bulk deal on the BSE. The transaction involved 9.9 mn units and was executed at an average price of Rs. 505 per unit, according to exchange data. Following the sale, units of Mindspace Business Parks REIT were trading 0.18 per cent lower at Rs. 504.05 on Tuesday. Exchange data did not identify the buyers involved in the transaction. Raheja is the chairman of real estate company K Raheja Corp. The sale involved 99,00,990 units, representing 1.49 per cent of the Mumbai-b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code