Andhra Pradesh Secures Funding to Complete Polavaram Project by 2027

Andhra Pradesh Chief Minister N Chandrababu Naidu announced that the Polavaram Project is scheduled for completion by March 2027. The Union Government has sanctioned Rs 12,157 crore over the next two fiscal years. The project aims to benefit agriculture, hydropower generation, and water supply in the region.

Andhra Pradesh Chief Minister N Chandrababu Naidu announced on Wednesday that the Polavaram Project is scheduled for completion by March 2027. He expressed gratitude to the Union Government for committing Rs 12,157 crore over the next two fiscal years towards the project's development.

Addressing a press conference at the Secretariat, Naidu revealed that Rs 6,000 crore would be allocated in the current fiscal year, 2024-25, with an additional Rs 6,157 crore earmarked for FY26. He described the development as 'joyful' and 'historic,' thanking Prime Minister Narendra Modi, Union Finance Minister Nirmala Sitharaman, and Union Jal Shakti Minister C R Patil for their support.

The Polavaram Project, located on the Godavari River in Eluru district, aims to store 194 tmc of water, irrigate 7.2 lakh acres, supply drinking water to 28.5 lakh people, and generate 960 MW of hydropower. Naidu emphasized that the project will also prevent water wastage into the sea and mitigate potential famine conditions.

(With inputs from agencies.)