Amaravati Capital City Development Loan Guarantee
Sector: Government • Location: Amaravati, Andhra Pradesh, India
Source: Deccan Herald
Andhra Pradesh government has extended a government guarantee and a letter of comfort to the Capital Region Development Authority (CRDA) for availing a Rs 7,500 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to develop the greenfield capital city of Amaravati. The guarantee covers the principal and interest for the entire loan tenure, with conditions includ
- Status
- Prospective
- Sector
- Government
- Location
- Amaravati, Andhra Pradesh, India
- Updated
- 22 Jul 2026
- Source
- Deccan Herald
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Project Information
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Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Andhra Pradesh government has extended a government guarantee and a letter of comfort to the Capital Region Development Authority (CRDA) for availing a Rs 7,500 crore loan from the National Bank for Financing Infrastructure and Development (NaBFID) to develop the greenfield capital city of Amaravati. The guarantee covers the principal and interest for the entire loan tenure, with conditions including CRDA meeting debt servicing obligations from its own resources and paying a two percent guarantee commission. |
Original sector | Infrastructure |
Budget |
Location
Country | India |
State | Andhra Pradesh |
City | Amaravati |
Source
Source | Deccan Herald |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-12-02 |
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