APCRDA Signs MoU with NaBFID for Financial Advisory on Amaravati Infrastructure Projects

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) to provide Transaction Advisory Services (TAS) for infrastructure development in Amaravati. The MoU was formalized in the presence of Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu.

NaBFID will act as a strategic advisor, helping APCRDA design a robust financial blueprint for major infrastructure projects in the capital city. The advisory support will include formulating financial strategies, evaluating implementation models such as Public-Private Partnerships (PPP), and identifying potential revenue streams and land monetization opportunities.

The institution will also assist APCRDA in preparing financial models and engaging with relevant stakeholders and prospective investors. This partnership aims to create a sustainable and high-impact financial roadmap for Amaravati, aligned with the city’s long-term growth and development goals.

Rajkiran Rai G., Managing Director at National Bank for Financing Infrastructure and Development, said, “We are pleased to collaborate with APCRDA in its mission to build world-class infrastructure for Amaravati. Through our Transaction Advisory Services, we aim to unlock innovative financing models for key infrastructure projects in the capital region. This engagement reflects our shared objective of enabling structured development and contributing to the creation of robust, service-oriented urban infrastructure.

K. Kannababu, Commissioner, APCRDA, added, “The development of Amaravati as the capital city is a major initiative of the Andhra Pradesh Government. The MoU with National Bank for Financing Infrastructure and Development marks a significant step towards strengthening the financial ecosystem for development of the infrastructure assets in the greenfield capital city. With the institution’s expertise in infrastructure advisory and financing, APCRDA aims to implement well-structured development projects with optimized capital deployment.