HADCO Loan Sanctioned for Four New Airports in Andhra Pradesh
Amaravati: The State Airports Development Corporation has requested HUDCO to provide Rs. 1,000 crore for the construction of Srikakulam, Dagadarthy, Amaravati and Kuppam airports. After preliminary discussions, HUDCO has approved in principle to provide the amount as a loan. The cabinet meeting on Wednesday approved the state government to provide a guarantee for this loan. With this, the Airports Development Corporation is preparing plans for the construction of these four airports.
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