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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Rs 37,702 cr tenders approved for Amaravati development, work to begin next month, says Minister
greenfield capital city Amaravati.
These projects will commence immediately after the Cabinet's approval on March 17, he said in an official statement on Tuesday. «As many as 59 tenders worth nearly Rs 37,702 crore were approved for the construction of Amaravati. Nearly 20,000 people will be engaged in Amaravati development work from next month,» said Narayana.
Chief Minister N Chandrababu Naidu chaired the 45th CRDA meeting at the secretariat, where several key decisions were made regarding Amaravati's development. «Previously, tenders were invited for a total of 73 projects worth approximately Rs 48,012 crores with the approval of CRDA and the cabinet. Out of these, tenders for projects valued at Rs 37,702 crores were opened on Monday and approved in the CRDA meeting. Letters of Intent will be issued immediately for executing these projects,» Narayana said.
Among these 59 projects, 22 fall under CRDA's purview, valued at around Rs 22,607 crores while 37 projects of ADC are worth approximately Rs 15,095 crores. The CRDA, which has a total of 24 projects, has invited tenders for only 22 so far, with the remaining two scheduled to be opened on March 17, he said.
Additionally, tenders for 19 more projects worth Rs 16,871 crores will be invited by the end of this month. These include projects such as the NTR statue, an iconic bridge, connecting roads to the national highway and the Karakatta road (Krishan river bank road) construction.
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Between 2014 and 2019, tenders worth around Rs 43,000 crore were invited for Amaravati development work, and approximately Rs 9,000 crore were spent. Furthermore, lands were allocated to various organizations. In line with the decision made in the ministerial committee
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