Construction Equipment Bank
In its attempt to fast-track the infrastructure projects by ensuring the availability of all types of construction equipment in the state, the state government in Andhra Pradesh has decided to create 'an equipment bank' and SREI Infra is likely to provide support to the state in this regard and that the player has also decided to help financing the initiative, said official sources claiming that in this regard a detailed negotiations have already taken place between Chief Minister N. Chandrababu Naidu and Chairman and Managing Director of SREI Infra Hemanth Kanoria. Sources revealed that infrastructure, irrigation; agriculture and road building departments are being included in the group, which would work with SREI infrastructure to implement the proposal. As a matter of fact, the initiative will help the state in saving time without scouting for players every time it needs equipment for infrastructure building works in the state, the sources added.