World Bank To Release Another $200 Million For Amaravati Project By December

World Bank To Release Another $200 Million For Amaravati Project By December

The World Bank, which has pledged USD 800 million for the Amaravati Capital Phase-I development, is expected to disburse the second tranche of USD 200 million by the end of this year, a senior official of the Andhra Pradesh government.

Amaravati: World Bank 2nd Set of Funds By Year End

The World Bank is set to release ₹1,700 crore as the second tranche for Amaravati capital’s Phase 1 development works by the end of 2025. This amount is part of the $800 million loan approved for Amaravati’s infrastructure development. The Asian Development Bank (ADB) has also committed $800 million, bringing the total external funding to […] The post Amaravati: World Bank 2nd Set of Funds By Year End appeared first on M9.news.

World Bank To Release $200 Million Second Tranche for Amaravati Project by December - Goemkarponn

Amaravati: The World Bank is set to release the second tranche of USD 200 million for the Amaravati Capital Phase-I development by December, a senior Andhra Pradesh government official confirmed on Thursday. This forms part of the World Bank’s total commitment of USD 800 million for the project, matched by an equal contribution from the Asian Development Bank (ADB), bringing the combined funding to USD 1.6 billion (approximately Rs 13,600 crore)…