Andhra Cabinet approves metro rail projects for Vizag, Vijayawada; clears Rs 80K Cr investment proposals
Andhra cabinet has also approved investment proposals worth Rs 80,000 crore that are expected to create 1.5 lakh jobs in the state
By Sistla Dakshina Murthy
Representative Image
Amaravati: Andhra Pradesh Cabinet has approved the much-awaited metro rail projects for Visakhapatnam and Vijayawada. The Cabinet has also approved investment proposals worth Rs 80,000 crore that are expected to create 1.5 lakh jobs in the state.
Addressing the media after the Cabinet meeting, Information and Public Relations Minister K Parthasarathy said these approvals would strengthen Andhra Pradeshās position as a preferred investment destination.
Vizag Metro tenders and Vijayawada Metro approval
The Cabinet approved a proposal to invite tenders for up to 40 per cent of Phase I works of the Visakhapatnam Metro Rail Project, which will be executed under a 50:50 government joint venture at an estimated cost of Rs 11,498 crore.
Similarly, it granted in-principle approval for Phase I of the Vijayawada Metro Rail Project, comprising two corridors, with an estimated cost of Rs 10,118 crore. The tendering process and Notice to Proceed (NTP) will be subject to approval from the Union Ministry of Housing and Urban Affairs.
Electronic Components Policy and Data Hub Push
The cabinet approved the Andhra Pradesh Electronic Components Manufacturing Policy 4.0 to boost the electronics industry. It also cleared allocation of 4.45 acres to Phenom People Pvt Ltd in Vizag for a Rs 200 crore investment expected to generate 2,500 jobs.
Further, Sify Infinity Spaces received approval for 3.6 acres at Madhurawada IT Hill and 50 acres at Paradesipalem in Vizag at Rs 50 lakh per acre for a Rs 16,466 crore investment, positioning Visakhapatnam as a major data hub for cloud computing, data storage, and digital services.
Major Real Estate and IT Investments
The cabinet approved the allocation of 30 acres at Madhurawada to Sattva Developers Pvt Ltd at Rs 1.5 crore per acre for a proposed investment of Rs 15,000 crore. Apart from that, 2.5 acres to ANSR Global Corporation Pvt Ltd at Madhurawada for an investment of Rs 1,000 crore.
Other Key Approvals
Allocation of an 800 MW pumped storage power project at Owk in Nandyal district to RVR Projects Pvt Ltd.
Ratification of key activities under APMDCās 2025-26 second tranche bond issuance, accepting a Rs 5,526 crore subscription.
Approval of the Green Hydrogen Valley Declaration, recently announced in Amaravati.
Acceptance of the report by Justice (Retd) M Satyanarayana Murthy on the January 8 Padmavathi Park stampede in Tirupati.
Incentives for luxury hotel projects by ITC Hotels Ltd and Lansum Leisures & Entertainment LLP in Vizag.
Parthasarathy said these decisions would accelerate industrial growth, boost employment, and improve urban infrastructure across Andhra Pradesh.
