- Tag results for Amaravati
If they can get bonds for even 0.5 per cent lower than the interest rate we fixed, we are open to have the Opposition leaders themselves as the arrangers.
Buoyed by the success of Amaravati Bonds, the APCRDA is learnt to have fixed the face value of each bond proposed to be issued for public and retail investors at `1,000.
The master plan is expected to be ready in three-four months.
Amaravati is all set to host the much-awaited powerboat racing of the year — F1H20.
Municipal Administration Minister P Narayana on Monday said Amaravati bonds have received a good response and rubbished the allegations that the bonds were floated at a higher interest rate.
Speaking to mediapersons in Hyderabad on Saturday, he wanted Undavalli to desist from creating unnecessary doubts among people.
The other reason is that there were no takers for the project as most of the contractors have little experience in RCC construction.
Speaking to reporters here on Thursday, the BJP MP accused the TDP of colluding with the contractors executing various infrastructure projects in Amaravati.
He was inaugurating the week-long national ranking table tennis tournament at Vijayawada
He also accepted the challenge thrown by Kutumba Rao for a discussion on the ‘Raja of Corruption’ book released by the TDP on former Chief Minister YS Rajasekhara Reddy.
Poking fun at Naidu, the former MP said the Chief Minister got an award for transparency in governance when nothing was transparent.
The CTTS, aimed at developing a long-term transportation strategy, is being done by the APCRDA, with technical assistance from Japan International Cooperation Agency (JICA).
Amaravati Development Corporation Ltd to take a fresh look at Durga temple hill waterfall feasibility
It maybe recalled that the ADCL has already taken up landscaping of Indrakeeladri and its surrounding areas as part of Vijayawada city beautification project.
While the face value of the bonds is yet to be finalised, officials said, it is expected to be between Rs 100 and Rs 500.
Institutional investors who bought the bonds issued on the Electronic Bidding Platform of the BSE on July 14, can now trade them in the secondary market.