3 weeks ago

Andhra Pradesh Cabinet Clears ₹1,002-Crore Quantum Valley Twin Towers

Andhra Pradesh Cabinet Clears ₹1,002-Crore Quantum Valley Twin Towers
Big Push for Amaravati: Cabinet Clears ₹1,002-Crore Quantum Valley Twin Towers · deccanchronicle.com

Andhra Pradesh is a state in India that is building a brand new capital city called Amaravati.

The people who run the state meet in a group called the Cabinet.

On Thursday, the Cabinet said yes to building two big office towers called the Quantum Valley Twin Towers.

These towers will cost about ₹1,002 crore, which is a very large amount of money.

A big construction company named Larsen & Toubro will build them.

The towers will stand on either side of a planned Quantum Computing Centre in a technology park.

The Cabinet also approved more money for designing new buildings for the state's court and assembly.

Farmers who gave their land for the city will get payments, and the state will take a loan to pay them.

The Cabinet also approved new rules to help businesses invest in the state and to keep pedestrians safe on roads.

Key facts

Quantum Valley Twin Towers cost
₹1,002.49 crore
Executing agency
Larsen & Toubro (design-and-build, lump sum basis)
Consultancy services for assembly and high court complexes
₹206.59 crore (including GST)
APCRDA loan for farmer annuities (2026-27)
₹300 crore
Land Pooling Scheme at Mothadaka village
2,344.12 acres
PPP project pipeline (AP PPP Policy-2026)
₹1.23 lakh crore, with ₹1,500 crore VGF
Aquaculture power tariff subsidy
₹1.50 per unit from June 1, 2026; estimated ₹1,150 crore

Sources

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