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APCRDA clears Amaravati projects; L&T bags quantum facility contract

APCRDA clears Amaravati projects; L&T bags quantum facility contract
APCRDA Clears Key Amaravati Projects, L&T Bags Quantum Facility Contract · deccanchronicle.com

The government that helps build the city of Amaravati in India held a big meeting to decide what to build next.

The leaders approved a plan to build two very tall towers, called Quantum Valley towers, which will be part of a science and technology project.

A big construction company named L&T will build them.

The leaders also approved a ropeway, which is like a cable car that travels above the ground.

It will connect a railway station, a bus station, a temple, a river ghat, an island and another temple so people can travel easily.

They also approved a large data centre that stores computer information and new 5G towers for faster mobile internet.

The leaders will pay farmers who gave their land, and the temple department will get money for its land too.

They also want to build bridges across a big river called Krishna.

The plan is to make Amaravati a modern, high-tech capital city.

Key facts

Authority
Andhra Pradesh Capital Region Development Authority (APCRDA)
Meeting
64th CRDA Authority meeting, chaired by CM N Chandrababu Naidu
Quantum facility contract
Awarded to Larsen & Toubro; cost reported as Rs 1,280 crore and Rs 1,205 crore (two 18-storey Quantum Valley towers)
Ropeway
PPP model; connects railway station, PNBS, Kanaka Durga Temple, Punnami Ghat, Bhavani Island and Venkateswara Swamy Temple
Digital infrastructure
20 MW data centre tenders; 5G towers at 20 locations
Mothadaka land
Residents' resolution to contribute 2,344 acres under the Land Pooling Scheme (2,340 acres allotted for Inner Ring Road and railway line per one report)
Endowments compensation
Rs 122 crore for 244.39 acres of Endowments Department land in Palnadu district, per Supreme Court directions
Farmer annuity
Borrowings of about Rs 300 crore ratified via Andhra Pradesh Public Finance Corporation (APPFC)

Quotes

P Narayana

Municipal Administration and Urban Development Minister

“The Capital Region Development Authority (CRDA) has approved several key development works to accelerate the reconstruction of Amaravati, including the quantum facility project, digital infrastructure, tourism initiatives and measures to strengthen connectivity.”
deccanchronicle.com

Sources

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