Andhra Pradesh Signs MoU with Infra Bank to Boost Amaravati Projects
APCRDA signs MoU with National Infra Bank for transaction advisory to develop Amaravati infrastructure through PPP and smart financing.
Andhra Pradesh government partners with Infra Bank to support Amaravati's infrastructure growth
Amaravati, Friday, July 11, 2025: 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 for Transaction Advisory Services (TAS), in the presence of Hon’ble Chief Minister of Andhra Pradesh, Shri N. Chandrababu Naidu
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.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
As part of the advisory support, the institution will assist in formulating financial strategy and evaluating various implementation models, including Public-Private Partnerships (PPP), for multiple infrastructure projects across the region. The institution will also help in identifying potential revenue sources along with exploring monetization options for available land assets.
Additionally, the institution will engage with APCRDA in formulating financial models and extend advisory support for engaging relevant stakeholders and potential investors.
This partnership aims to craft an effective financial roadmap for Amaravati aligned with the city's long-term development goals and priorities.
Speaking on the partnership, Mr. Rajkiran Rai G., Managing Director at National Bank for Financing Infrastructure and Development, said, “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. This engagement reflects our shared objective of enabling structured development and contributing to the creation of robust, service-oriented urban infrastructure.
Mr. K. Kannababu, Commissioner, APCRDA, added, “The development of Amaravati as the capital city is a major initiative of the Andhra Pradesh Government. 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 optimized capital deployment.
Read Also : HAL Shares Dividend Update: Rs 15 Final Payout for FY25, Tax Compliance Deadline Announced
About National Bank for Financing Infrastructure and Development
National Bank for Financing Infrastructure and Development is a Development Financial Institution (DFI) established in April 2021. The institution is dedicated to accelerating the development of India's infrastructure ecosystem by addressing the long-term financing needs of the sector. The institution plays a pivotal role in driving the nation's economic growth and fostering sustainable development. It is committed towards its vision of becoming a strong provider of impact investment, catalysing infrastructure financing for transformative growth of India.
The institution aims to be a key partner in helping India achieve its ambitious infrastructure development objectives - responsibly and sustainably. Additionally, the institution will work towards developing a deep and liquid market for bonds, loans, and derivatives for infrastructure financing.
Read Also : REC extends CSR support of Rs 20 Crore for Children of Ex-Servicemen, Martyrs’ Families, and War Widows