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PM Modi To Launch Major Projects Worth Rs 58,000 Crore In Andhra On May 2 – News18


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PM will lay the foundation for 74 projects, which encompass the construction of the assembly, secretariat, high court buildings and judicial residential quarter

Prime Minister Narendra Modi.

Prime Minister Narendra Modi.

Prime Minister Narendra Modi is scheduled to visit Andhra Pradesh on May 2 to lay the foundation stone and inaugurate a host of projects worth Rs 58,000 crore in the state’s greenfield capital, Amaravati.

“In one of the largest single-day infrastructure announcements for the state, the Prime Minister will lay the foundation for and inaugurate a total of 94 projects worth Rs 57,962 crore,” said a press release from the CM’s office on Thursday.

As part of Amaravati greenfield capital reconstruction, the PM will lay the foundation for 74 projects valued at Rs 49,000 crore, which encompass the construction of the assembly, secretariat, high court buildings and judicial residential quarters.

Also, he will lay the foundation for nine central projects worth Rs 5,028 crore, such as DRDO’s missile testing centre (Rs 1,459 crore) at Nagayalanka in Krishna district, unity mall in Vizag (Rs 100 crore), Guntakal-Mallappa Gate Rail overbridge (Rs 293 crore) and six national highway projects (Rs 3,680 crore).

The missile testing centre will house a launch centre, technical instrumentation facilities, indigenous radars, telemetry and electro-optical systems, enhancing the country’s defence preparedness.

Meanwhile, the relaunch of Amaravati construction works will be the second such launch in a decade, as PM Modi had already done it once back in October 2015.

In the subsequent four years since the first foundation, the TDP regime, between 2014 and 2019, managed to erect some temporary structures such as the secretariat, High Court building and partially completed some official residential projects.

However, the YS Jagan Mohan Reddy-led YSRCP government between 2019 and 2024 scrapped Naidu’s ‘dream project’, for which the TDP supremo had pooled 54,000 acres from 29,881 farmers and other sources.

A total of 8,603 sq km was notified as the capital region, with 217 sq km allocated for the capital city and 16.9 sq km designated as the core capital area.

After coming to power nearly a year ago, the TDP-led government injected new life into the abandoned greenfield capital.

Immediately after becoming CM, Naidu wasted no time and began work on the Amaravati project.

The construction work is expected to gather full steam by December, after Modi relaunches the project on Friday.

In a recent presentation to a Singapore government delegation, Chief Secretary K Vijayanand noted that the relaunch of Amaravati construction works will entail the resumption of works worth about Rs 1 lakh crore.

Meanwhile, Naidu is eyeing another 40,000 acres to build a ‘megacity’ with an international airport.

On April 15, Municipal Minister P Narayana announced that Naidu is keen to create a ‘mega city’ combining adjacent Mangalagiri, Tadepalli, Guntur and Vijayawada with Amaravati.

Calling Amaravati the ‘capital of goddesses’, Naidu has big plans for the futuristic capital, which will encompass nine thematic cities within itself, such as a government city, knowledge city, health city, sports city, electronics city, media city, finance city, justice city and tourism city.

It will also host top educational institutions such as XLRI, BITS Pilani, reputed schools, Ratan Tata Innovation Hub and others.

State-of-the-art highways, expressways, and rail links are expected to connect Amaravati with major ports like Krishnapatnam, Kakinada, and Visakhapatnam, boosting exports and agri-market integration.

Positioning Amaravati as a knowledge and Artificial Intelligence hub, the CM aims to turn it into a national logistics and green energy hub, with port linkages, solar-powered housing and other features.

Naidu recently informed the Finance Commission that Amaravati needs Rs 77,249 crore for its construction, a city with a focus on sustainability, innovation and ‘inclusive growth’.

Out of this, he said that Rs 31,000 crore has been secured from the World Bank, HUDCO and KfW (German development bank) while another Rs 47,000 crore is needed for Amaravati.

“The development of Amaravati is a national priority. The Centre will provide all necessary financial and institutional support to make Amaravati a global city. The Centre will bring in top-class institutions, digital infrastructure, urban transport systems, and green energy solutions,” said a press release from the CM’s office.

The region will be developed as a model capital under India’s Viksit Bharat 2047 (developed India) vision, said the press release.

The potential for IT, AI, green energy, clean industries, education, and culture in Amaravati is immense, and the centre will unlock every bit of it, the press release added.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

News india PM Modi To Launch Major Projects Worth Rs 58,000 Crore In Andhra On May 2

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