Hyderabad: Singapore based consulting company Surbana charged Rs 15 crore for the preparation of revised master plan for AP’s new capital city Amaravati.
AP government, in the beginning, had said that Singapore will prepare the master plan for Amaravati free of cost. But the master plan submitted by Singapore did not have specific details and was also not according to the AP Capital Region Development Authority (CRDA) rules.
This forced the state government to ask Singapore to prepare a revised master plan according to the rules and specifications of CRDA. The government asked Singapore based Surbana which is involved in the preparation of master plan to prepare revised master plan.
For this Surbana initially asked the state government to pay Rs 11.92 crore. Surbana submitted the revised master plan to state government a month ago. But the company increased the preparation cost to Rs 15 crore from Rs 11.92 crore. Accordingly the state government paid Rs 15 crore to Surbana.
Meanwhile, AP government has decided to pay Rs 112 crore to the consultant on business plan and financing strategy for development of Amaravati.
The period of this consultancy is 3 years. The CRDA has invited Expression of Interest (EoI) from financial services and management firms to prepare business plan and financing strategy for development of the new capital.
Finally the state government selected one firm consisting of Mckinsey which had prepared vision 2020 in the past. These two items were listed in the agenda of the proposed CRDA meeting on Thursday for ratification , but the meeting has been postponed.
