SPV Formed to Lead Amaravati Infra Push
ECONOMY & POLICY

SPV Formed to Lead Amaravati Infra Push

At the 52nd meeting of the Andhra Pradesh Capital Region Development Authority (APCRDA), held at the Chief Minister’s Camp Office on Tuesday, Chief Minister N. Chandrababu Naidu approved the formation of a Special Purpose Vehicle (SPV) to steer major infrastructure projects across Capital Amaravati.
The SPV will take charge of designing, executing, and generating revenue from several landmark initiatives, including a greenfield airport, NTR statue, smart industries, iconic bridge, Sports City, riverfront development, ropeway, and the Inner Ring Road.
Naidu also proposed that the Bio Design Project be brought under the SPV’s remit, stating that experts from seven countries are ready to collaborate on the public health initiative.
Further expanding Amaravati’s urban blueprint, the Chief Minister announced plans for a Health City, mirroring the Sports City concept. The SPV will oversee both planning and operational phases of such projects.
The meeting also gave clearance to tenders for constructing 53.68 km of roads and footpaths linking the government building complex. Contractors will be tasked with maintaining the roads for seven years.
Urban design and architectural guidelines for Amaravati were also approved, with Naidu emphasising that each structure should enhance the capital’s visual appeal and serve as a tourism magnet.
Officials briefed the Chief Minister that several leading hotel chains have expressed interest in building convention centres in the capital region. Land has already been allotted to some, while others are seeking fresh allotments. Naidu approved this in principle, insisting that all upcoming facilities must align with global hospitality standards.
A PowerPoint presentation on the proposed iconic bridge was made during the session. Naidu directed that islands on the Krishna river be developed as tourist attractions, with connectivity and aesthetics in focus.
To support the growing project load, the Chief Minister also approved the appointment of additional CRDA staff on deputation and on-duty basis. He added that future land acquisition aligned with the master plan must be handled sensitively, with farmer consultation to avoid disruption.
The meeting was attended by Municipal Administration and Urban Development Minister P. Narayana and several senior officials, signalling a renewed thrust in realising Amaravati’s smart capital ambitions. 

At the 52nd meeting of the Andhra Pradesh Capital Region Development Authority (APCRDA), held at the Chief Minister’s Camp Office on Tuesday, Chief Minister N. Chandrababu Naidu approved the formation of a Special Purpose Vehicle (SPV) to steer major infrastructure projects across Capital Amaravati.The SPV will take charge of designing, executing, and generating revenue from several landmark initiatives, including a greenfield airport, NTR statue, smart industries, iconic bridge, Sports City, riverfront development, ropeway, and the Inner Ring Road.Naidu also proposed that the Bio Design Project be brought under the SPV’s remit, stating that experts from seven countries are ready to collaborate on the public health initiative.Further expanding Amaravati’s urban blueprint, the Chief Minister announced plans for a Health City, mirroring the Sports City concept. The SPV will oversee both planning and operational phases of such projects.The meeting also gave clearance to tenders for constructing 53.68 km of roads and footpaths linking the government building complex. Contractors will be tasked with maintaining the roads for seven years.Urban design and architectural guidelines for Amaravati were also approved, with Naidu emphasising that each structure should enhance the capital’s visual appeal and serve as a tourism magnet.Officials briefed the Chief Minister that several leading hotel chains have expressed interest in building convention centres in the capital region. Land has already been allotted to some, while others are seeking fresh allotments. Naidu approved this in principle, insisting that all upcoming facilities must align with global hospitality standards.A PowerPoint presentation on the proposed iconic bridge was made during the session. Naidu directed that islands on the Krishna river be developed as tourist attractions, with connectivity and aesthetics in focus.To support the growing project load, the Chief Minister also approved the appointment of additional CRDA staff on deputation and on-duty basis. He added that future land acquisition aligned with the master plan must be handled sensitively, with farmer consultation to avoid disruption.The meeting was attended by Municipal Administration and Urban Development Minister P. Narayana and several senior officials, signalling a renewed thrust in realising Amaravati’s smart capital ambitions. 

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Next Story
Infrastructure Urban

NICDC Hosts Workshop on BHAVYA Scheme and Testing Infrastructure

National Industrial Corridor Development Corporation (NICDC) organised a workshop in New Delhi to discuss the Bharat Audyogik Vikas Yojana (BHAVYA) Scheme and National Test House and Bureau of Indian Standards testing facilities. The event, under the Department for Promotion of Industry and Internal Trade, drew more than 100 representatives from 31 States and Union Territories and senior officials from central agencies. The sessions sought to align quality assurance, infrastructure planning and investor facilitation to accelerate industrial park readiness. The first session examined laboratory..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement