World Bank (WB) releases USD 340 million for Amaravati Capital Phase-I development

Key facts

• The World Bank (WB) has released USD 340 million for the Amaravati Capital Phase-I development in Andhra Pradesh as of April 2026.
• The WB and the Asian Development Bank (ADB) have committed a total of USD 1,600 million for the project, with each entity contributing USD 800 million.
• The Central Government will fund ₹1,400 crore out of the ₹15,000 crore committed for the capital development.
• The loan has a 29-year final maturity and a six-year grace period, with repayment scheduled to begin on June 15, 2031.
• The interest rate for the funding is approximately 8% to 8.5% and will fluctuate based on international rates.
• The Amaravati Integrated Urban Development Programme (AIUDP) is being implemented under the Program for Results framework, linking disbursements to milestones.
• Flood management works have achieved over 35% completion across six locations in the capital region.