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Cabinet clears 1.23L-crore PPP push, Amaravati projects
In Short
- New PPP Policy to accelerate private investment
- Amaravati rail corridor, Quantum Valley Towers, Ease of Doing Business Act among key approvals
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Chief Minister N Chandrababu Naidu chairs the Cabinet meeting in the Secretariat on Thursday
Amaravati: The state Cabinet on Thursday approved a series of policy, infrastructure, and governance reforms, including Public-Private Partnership (PPP) Policy to fast-track Rs 1.23 lakh crore projects, accelerate investment, strengthen Amaravati's development, and improve ease of doing business across the state.
Briefing the media after the Cabinet meeting chaired by Chief Minister N Chandrababu Naidu, Information and Public Relations Minister Kolusu Parthasarathy said the Cabinet approved the draft Andhra Pradesh Public-Private Partnership (PPP) Policy-2026, designed to attract large-scale private investment across transport, logistics, ports, airports, urban infrastructure, healthcare, education, renewable energy, tourism and industrial development. The policy seeks to fast-track a Rs 1.23 lakh crore pipeline of PPP projects through transparent bidding and improved project governance. Besides earmarking Rs 1,500 crore under the Viability Gap Funding (VGF) scheme, the Cabinet also approved a first-of-its-kind Bridge Fund to provide interest-free financial support for projects that may not generate returns during their initial years.
The Cabinet also approved implementation of a Land Pooling Scheme (LPS) for acquiring 2,344 acres in Mothadaka village for the proposed Errupalem-Namburu broad-gauge railway line and the Amaravati Inner Ring Road.
Farmers opting for voluntary land pooling will receive returnable developed plots, annuity, loan waiver, and pension benefits as per CRDA norms. To strengthen Amaravati's knowledge economy, the Cabinet cleared selection of the L-1 bidder for constructing T1 and T2 twin office towers at the Quantum Valley Tech Park, approved fresh tenders for the iconic 'Amaravati Eye' project under the PPP model, and sanctioned Rs 206.59 crore towards expanded consultancy services for the Legislative Assembly and the High Court complexes following design modifications.
The Cabinet also approved recommendations of the Group of Ministers on fresh land allotments and revisions involving institutions such as GSI, CAG, APIIC, and HUDCO within the CRDA region. In another significant move, the Cabinet approved the Andhra Pradesh Omnibus (Ease of Doing Business) Act-2026, proposing amendments to multiple laws through a single piece of legislation to simplify industrial approvals and improve the state's investment climate. Establishment of RVS University and Pragathi University under the Private Universities Act and sanctioned compensation of Rs 12.44 lakh per acre for land acquisition for the proposed Kuppam Greenfield Airport were also approved. The government approved a new Pedestrian Safety and Universal Accessibility Policy-2026, adopting a zero-tolerance approach towards pedestrian fatalities through safer footpaths, scientific road safety audits, CCTV-based monitoring and strict accountability for civic agencies. The Cabinet decided to withdraw the Andhra Pradesh Disha Bill, 2019, following the implementation of the Bharatiya Nyaya Sanhita and Bharatiya Nagarik Suraksha Sanhita and in light of the Union Home Ministry's advice to introduce a fresh piece of legislation, if required.
Among other major decisions, the Cabinet approved continuation of the Rs 1.50 per unit electricity subsidy for aquaculture farms from June 1, 2026, sanctioned land for PM-KUSUM solar projects in YSR Kadapa district, reorganised Urban Development Authorities in line with new districts, approved Rs 680.21 crore HUDCO loan for the Bulk Drug Park, approved Rs 600.48 crore for pending works on the Handri-Neeva Sujala Sravanthi Phase-II canal, facilitated installation of telecom towers on government land, sanctioned Rs 210.06 crore for Godavari Pushkaralu-2027 infrastructure and approved lease of government land for TDP district offices in Puttaparthi, Madanapalle and Amalapuram.
