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NEW ENTITY

Andhra Pradesh Urban Infrastructure Asset Management Limited is contemplated to be an Asset Management Company (AMC) for managing an Urban Fund.

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SHAREHOLDING

The APUIAML is incorporated with the following shareholding pattern: (In future, the Company may invite select multilateral / bilateral financial agencies and other...

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BROAD SCOPE

APUIAML may provide it services to the Urban Housing Programmes, new capital city of Amaravati including the new cities that are being developed in the State.

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Proven History

The team with a proven background of delivering world class projects across the Geographies.

 
  • APUIAML is a joint venture of Government of Andhra Pradesh.
  • GoAP holds 49% stake in the venture and IL&FS Investment Managers Ltd (“IIML”), a 100% subsidiary of IL&FS Group holds 51% stake.
  • APUIAML will perform the roles of project development, fund management and project management as well as capacity building of the project companies, an end to end proposition to deliver value for both the State and the Investors.
  • The value creation is being targeted using following channels:
    • For each Investment, a comprehensive asset management program will be put in place.
    • Introduce at SPV/ULB level-operational efficiencies, strengthened internal controls, bring in best practices, optimise financing.
    • Structure projects to be bank able, reduce operating losses and contribution by Government/ULB and leverage Government Grants.
    • Manage projects on an arm's length basis with strong conflict management processes.
 

BOARD OF DIRECTORS

Mr. LV Subrahmanyam, IAS
(Chief Secretary to Govt. of Andhra Pradesh)

Mr. J Syamala Rao, IAS
(Secretary, Municipal Administration and Urban Development Department, Govt. of Andhra Pradesh)

IAS
(Secretary, Finance Department, Govt. of Andhra Pradesh)

Mr. S Narayana, IAS
(Retd.)

Mr. R S Reddy

Mr. --
(Vice Chairman, Andhra Pradesh State Planning Board, Government of Andhra Pradesh)

Mr. Paritosh Gupta

NEWS & EVENTS

Andhra Pradesh, committing itself to sustainable and synergic development of the state, envisages developing sixteen smart cities in the state along the lines of National Smart Cities Mission. There are 13 Smart Cities as Urban Centers, while 04 cities are being developed under Govt. of India, remaining 13 are being developed by the Government of Andhra Pradesh (GoAP) as ‘Development of Smart Cities’ project in a phased manner.

Cities Mission of Government of India, and also ranks third as Swachh Bharat City in India. The provision of basic municipal services is being enhanced by Greater Visakhapatnam Municipal Corporation (GVMC), to serve and fuel the growth momentum of the city.

APUIAML is providing end-to-end services for the development of the Visakhapatnam Sewerage and Recycled Water Project. The Project has been structured to cover the uncovered areas of the city viz., Pendurthi, Malkapuram and Gajuwaka, by providing sewerage connection system and House Service Connections (HSC). As the economic significance of Visakhapatnam lies in the presence of many industries, and their respective water requirements for routine operations, it is proposed to treat and reuse Recycled Water for usage by industries in the vicinity.

APUIAML is playing a crucial role in modernizing the Urban Transport in the State of Andhra Pradesh by bringing Smart Mobility Solution. A continuously growing economy and fast urbanization require a robust urban infrastructure for domestic growth of the transportation sector. This has been boosted by the Smart Cities Mission announced by the Government of India& Andhra Pradesh state level Smart City mission.

E- bike:

E-bike could change the proposition. An e-bike could offer up an option to an entirely different audience, covers social aspects, health benefits, faster commute, more importantly an extra push up hills.

The Government of Andhra Pradesh (“GoAP”) has accorded top priority to sustaining this double-digit economic growth by focusing on development of 100+ self-sustaining Economic Cities across the State.

The concept of an Economic City is focused on the following:

“The first Economic City planned in the state of Andhra Pradesh is ‘JET City’ located at Jakkampudi near Vijayawada “

The JET City, proposed to be developed as an inclusive and integrated township, will provide built space for Light & Green Industries, Housing, Commercial and Recreational activities. The components of the JET City are planned in such a way that they complement each other and create a self-sustainable environment. It also creates jobs and contributes to GDP Growth.