Gulte News
The rebuilding of the Amaravati capital project has resumed again after 5 years with the onset of the NDA government. With Chandrababu at the helm, the Amaravati prospect is firing with all guns.
After attaining Rs 15,000 crore financing through the World Bank, and another Rs 11,000 crore through HUDCO, Babu has now onboarded the deep-pocketed Adani group for the Amaravati project.
CM Babu met with a delegation from the Adani Group led by the MD of Adani Exports Ltd., Mr Rajesh Adani, and the MD of Adani Ports and SEZ Ltd., Adani Kiran last evening to discuss a range of investment opportunities in Andhra Pradesh.
The Adani group’s presentation covered projects with the potential to drive comprehensive growth across the state in key sectors such as ports, mining, ring road, IT, tourism, and AI.
They also expressed their commitment to rebuilding Amaravati, as well as the vision for futuristic Andhra Pradesh. This comes at a time when Amaravati is bustling with sufficient financing for phase 1 rebuilding.
With Adani’s logistical, technological, and operational backing, Amaravati could well see its golden phase again with a resilient Chandrababu at the helm.
