China-Backed Bank Drops $200 Million Loan For Amaravati Project

China-Backed Bank Drops $200 Million Loan For Amaravati Project

The withdrawing of the loan comes less than a week after the World Bank pulled out of its loan too

Andhra Pradesh | Edited by (with inputs from Reuters) | Updated: July 23, 2019 14:09 IST
China-Backed Bank Drops $200 Million Loan For Amaravati Project

Project to build a new state capital for Andhra Pradesh was expected to cost over Rs 1 lakh crore