Proposed State Secretariat and Heads of Departments building structures as designed by the APCRDA in Amaravati capital city.
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ARRANGEMENT
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).
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 apart from informulating financial strategy and evaluating various implementation models, including public-private partnerships (PPP) for multiple infrastructure projects.
The institution will also help in identifying potential revenue sources along with exploring monetisation options for available land assets.
“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,’‘ Rajkiran Rai G, Managing Director, NaBFID said in a release.
K Kannababu, Commissioner, APCRDA said: “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 optimised capital deployment.’‘
Published on July 11, 2025