The Andhra Pradesh government is looking to sell its equity stake in several marquee urban infrastructure projects in Hyderabad, likely kicking up a row because the state is in the process of being divided to from Telangana. Even as Telangana statehood process is underway, the Kiran Kumar Reddy Govt initiated process to sell away Govt stakes in several high profile projects in Hyderabad. With President’s rule underway, whether the sell off would materialize is to be seen. The stake sale could fetch several hundred crores of rupees but it could also lead to controversy, because Hyderabad is located in Telangana, the new state which may claim ownership of the equity holdings in the public-private partnership (PPA) projects. Last week, the ...

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