Project News Detail

Project No :173418
Project Title :Development Works projects in Andhra Pradesh
Company Name : Government Of Andhra Pradesh
Project Detail :The Centre has released a sum of 1,269 crore to Andhra Pradesh under different heads in the past few days, amid a strain in ties between the National Democratic Alliance (NDA) and its ally, the Telugu Desam Party (TDP), over allocation given to the State in the Union Budget

The gross grant included 417.44 crore for the Polavaram multipurpose project, one of the issues of contention between the allies, the TDP and the Bharatiya Janata Party (BJP). “The release [of 417.44 crore] is towards the amount already utilised by the State against the irrigation component [of Polavaram] after April 1, 2014,” read an order issued by the Union Water Resources Ministry’s Senior Joint Commissioner, R.P.S. Verma

The Centre, through the Polavaram Project Authority, has so far released 4,329 crore for the project, while the State government said it spent over 7,200 crore after it was declared a national project

Andhra Pradesh Finance Minister Yanamala Ramakrishnudu submitted a memorandum to the Union Finance Minister Arun Jaitley last month, stating that a sum of 3,217.63 crore, spent on Polavaram, was yet to be reimbursed to the State. Of this, the Centre has now released 417.44 crore, an official of the Water Resources Department here said

The Centre, meanwhile, also released 369.16 crore under post-devolution revenue deficit grant, as per the recommendation of the 14th Finance Commission, to Andhra Pradesh
Project Location : Not Classified - Andhra Pradesh - India
Project Industry :Civil Works
Project Estimation :INR 1269 Cr / INR 12.69 Bn
Status :Announced
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