AP Extends Govt Guarantee, Letter of Comfort for Amaravati Loan
Sat 29 Nov 2025, 14:22:31
Andhra Pradesh has extended a government guarantee and a letter of comfort to the Capital Region Development Authority for availing a Rs 7,500 crore loan to develop the greenfield capital city of Amaravati, said an official.
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Suresh Kumar, principal secretary, Municipal Administration and Urban Development, said the guarantee and the letter of comfort for the loan from the National Bank for Financing Infrastructure and Development (NaBFID) came with conditions such as th
Suresh Kumar, principal secretary, Municipal Administration and Urban Development, said the guarantee and the letter of comfort for the loan from the National Bank for Financing Infrastructure and Development (NaBFID) came with conditions such as th
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