Archive · 7 Aug 2026
Andhra Pradesh Cabinet Clears ₹1,002-Crore Quantum Valley Twin Towers
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.
The Andhra Pradesh cabinet approved ₹1,002.49 crore for the Quantum Valley Twin Towers in Amaravati and authorised entrusting the project to Larsen & Toubro.
The cabinet sanctioned ₹206.59 crore for expanded consultancy services for the new high court and legislative assembly buildings.
Fresh tenders were cleared for the Amaravati Eye project, and the Group of Ministers' recommendations on Amaravati land allotments were endorsed.
APCRDA was authorised to raise a ₹300-crore loan to pay annuities to land-pooling farmers during 2026-27.
The cabinet approved the AP Public-Private Partnership Policy-2026, backed by a ₹1.23 lakh crore project pipeline and ₹1,500 crore under Viability Gap Funding.
- Who
- The Andhra Pradesh cabinet, presided over by Chief Minister Chandrababu Naidu and detailed to reporters by Information Minister Kolusu Parthasarathy
- What
- Approved ₹1,002.49 crore for the Quantum Valley Twin Towers project and a series of infrastructure, investment and governance measures
- When
- Thursday
- Where
- Andhra Pradesh, centred on the capital region of Amaravati
- Why
- To accelerate the state's development through infrastructure, investment and policy reforms
- 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