Race begins to grab prized projects in AP

Hyderabad, Oct 28: The race has already begun for grabbing the prized project in Andhra Pradesh. Already, the Infrastructure Corporation of Andhra Pradesh (INCAP) has awarded the Rs 333 crore fiber grid project to Tera Software and Himachal Futuristic Communications Ltd (HFCL) to provide broadband connectivity across the state. It may be recalled that the AP Civil Supplies Corporation had blaslisted Tera Software in the past. However, INCAP officials awarded the project to the company after confirming that the company was not in the blacklist at the time of bidding for the project, sources said. Meanwhile, Capital Region Development Authority (CRDA) and AP Industrial Infrastructure Corporation are busy awarding projects to various companies.