Mumbai: Former Dharavi Redevelopment Project (DRP) CEO S V R Srinivas has been appointed managing director of the Amaravati Growth and Infrastructure Corporation Limited (AGICL) by the Andhra Pradesh govt led by N Chandrababu Naidu. AGICL is a special purpose vehicle created for implemention of development projects in the Amaravati capital region. Srinivas retired in September this year and joined the Andhra Pradesh govt led by the Telugu Desam Party (TDP). Srinivas was an IAS officer of the 1991 batch of the Maharashtra cadre.Srinivas is known for his extensive work in urban infrastructure, particularly in Mumbai, handling roles like MMRDA commissioner and successfully navigating challenges like the Mumbai Trans Harbour Link (Atal Setu) during the Covod-19 pandemic. He is known for his public engagement and delivering tangible results in the case of mega urban projects. He was also the additional municipal commissioner in the BMC and drafted the city’s master plan for roads and worked in the MSRDC.Srinivas assumed charge last week in the AP Capital Region Development Authority (APCRDA) building. AGICL is the third agency established by the state govt for Amaravati’s development. The APCRDA continues to function as the local planning and regulatory authority, while the Amaravati Development Corporation is responsible for infrastructure development. AGICL has been constituted to handle special and large-scale development projects in the capital city area.According to the govt order, the managing director has been assigned responsibilities that include preparing detailed development plans for special projects based on the approved master plan, implementing projects, and operating and maintaining city-level services with the approval of APCRDA.The MD has also been authorised to select developers, contractors and operators, collect development charges, lease rentals and user charges, and mobilise financial resources from the market in addition to govt funding.AGICL will be responsible for developing trunk infrastructure and providing services such as transport, power supply, water supply, solid waste management, and information and communication technology, either directly or through public-private partnership models. The corporation will also facilitate the development of social infrastructure, including healthcare, education, sports and entertainment facilities.
