Andhra eyes over 100 new infra projects in 5 years

The projects would see an investment of $30 billion

The Andhra Pradesh government is expecting 139 new infrastructure projects across the state over the next five years that would see an investment of $30 billion, said Ajay Jain, secretary, infrastructure and energy.

He was speaking in connection with the launch 'infrastructure million', which was launched by chief minister here this evening.

Stating that the government had a long vision on industrial and infrastructural development, he said it was aiming to bring $200 billion investments in different sectors by 2029. Accordingly, a new maritime board would be in place for setting up 14 new ports in the state.

Besides, the government would develop eight regional airports apart from a major airport at Bhogapuram, he said. Stress would be laid on improving the road network, development of inland waterway, and industrial corridors between Vizag-Chennai and Chennai-Bangalore.

To improve the power situation, NTPC is setting up a 4,000-Mw plant at Pudimandaka and another 4,000-Mw plant would be be established by genco in Srikakulam district, he said.