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Navayuga Engineering begins development of Machilipatnam Port

Infra News - Published on Wed, 13 Feb 2019

Image Source: ITLN
ITLN reported that Navayuga Engineering Co Ltd the flagship entity of the INR 250-billion Navayuga Group and a dominant player in the engineering and core infrastructure space, has announced that it has formally begun the development of Machilipatnam Port, one of the most long-awaited deep sea ports on the east coast of the country.

The Andhra Pradesh Chief Minister, Mr N Chandrababu Naidu, laid the foundation stone for the greenfield, all-weather multipurpose port. Machilipatnam is one of the mega ports and an ambitious project planned under the Sagarmala programme. The deep water sea port, centrally located on the coast of Bay of Bengal in the Krishna district of Andhra Pradesh, is a grand project that is well poised to kick-start the local economy, thereby uplifting the social ecosystem of the area. Port-based SEZs, power plants, industries, ancillary units, etc. are also planned in the port’s vicinity, said a release.

Spread across 4,800 acres, the first phase is expected to be complete and operational in a record time of 18 months. With four berths to be operational after the first phase of construction, Machilipatnam will have 40 million tonnes in the 1st phase and when complete 150 million tonnes. The port will handle multiple cargo like container, bulk, dry bulk, liquid bulk, general cargo and projects. The facility is expected to generate employment opportunities entailing 80,000 direct and indirect jobs.

On the occasion, Mr Chinta Sridhar, Managing Director, Navayuga Engineering Co said that "Having successfully undertaken several port development projects, we are poised to achieve the distinction of being the largest developer and operator of ports in India. We aim to develop the port in a record time of 18 months. Given Machilipatnam’s access to prominent international waterways, the project will be a significant catalyst in positioning India strategically as a global trading hub. The port will herald a new era of economic activity and dramatically transform the lifestyle of the localities by generating umpteen business and employment opportunities."

Strategically located, Machilipatnam will be the gateway for most international trading activities of central India. It will not only cater to Andhra Pradesh and Telangana but also extend the logistics benefits to Madhya Pradesh, Maharashtra, Chhattisgarh and Karnataka. It is well connected by road and rail with the national grid. The port enjoys shortest distance connectivity with inland container depots compared to any other port on the east coast of India, as per the release.

Besides the strategic location, the advantage of an extensive back-up area for container stacking will make Machilipatnam one of the most preferred container ports on the east coast, the release emphasised.

Source :

Posted By : Rabi Wangkhem on Wed, 13 Feb 2019
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