CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra
13 May 2025
1 Min Read
CW Team
The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati鈥檚 core capital area.
Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers鈥� towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towers with associated amenities.
The CRDA also cleared Rs 5.61 billion for a 190 million-litre-per-day water treatment plant, including five years of operations and maintenance. Another Rs 4.95 billion was approved for constructing overhead water tanks.
Road extension works worth Rs 4.55 billion were sanctioned for the E-3, E-13, and E-15 corridors, including a 1.5 kilometre elevated stretch on the E-3 seed axis, to link Amaravati with the national highway.
Separately, a ministerial committee allotted land to seven institutions: fifty-five acres for a law university, fifty acres for Quantum Valley, smaller plots for the Income Tax Department, Indian Red Cross Society, Coastal Bank, and IRCTC Hotels. The Basavatarakam Cancer Institute was granted an additional six acres for a new medical college.
Source:The New Indian Express
The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati鈥檚 core capital area.Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers鈥� towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towers with associated amenities.The CRDA also cleared Rs 5.61 billion for a 190 million-litre-per-day water treatment plant, including five years of operations and maintenance. Another Rs 4.95 billion was approved for constructing overhead water tanks.Road extension works worth Rs 4.55 billion were sanctioned for the E-3, E-13, and E-15 corridors, including a 1.5 kilometre elevated stretch on the E-3 seed axis, to link Amaravati with the national highway.Separately, a ministerial committee allotted land to seven institutions: fifty-five acres for a law university, fifty acres for Quantum Valley, smaller plots for the Income Tax Department, Indian Red Cross Society, Coastal Bank, and IRCTC Hotels. The Basavatarakam Cancer Institute was granted an additional six acres for a new medical college.Source:The New Indian Express
Next Story
HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport
The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..
Next Story
Brigade acquires Velachery land for Rs 16-billion project
Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..
Next Story
Liebherr marks 10,000th XPower wheel loader milestone
Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..
