P Govt Signs MoU With NaBFID for Amaravati Infrastructure Advisory

11 Jul 2025 CW Team

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for Transaction Advisory Services. The agreement was signed in the presence of Hon’ble Chief Minister Shri N. Chandrababu Naidu.

As per the MoU, NaBFID will support APCRDA in designing a financial strategy and evaluating implementation models including Public-Private Partnerships (PPP) for infrastructure projects in Amaravati. It will also assist in identifying revenue sources and land monetisation opportunities.

The partnership aims to deliver a structured financial plan aligned with Amaravati’s long-term development goals.

“We aim to unlock innovative financing models for key infrastructure in the capital region,” said Rajkiran Rai G., MD, NaBFID.

K. Kannababu, Commissioner, APCRDA, added, “The MoU strengthens the financial ecosystem for Amaravati’s growth and ensures optimal capital deployment through structured development.”

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