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HinduBusinessLine

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The tide turns for Machilipatnam as ancient port is set for big revival

  • Around 48% of the construction of a new Greenfield port at Manginapudi in Machilipatnam has been completed, with expectations to commence operations by the end of 2026.
  • The project involves dredging 56 million cubic meters of sand, constructing a 2.5-kilometer long breakwater, and deploying tetrapods to shield the port from the sea's power.
  • After facing obstacles since 2007, including contracts with Maytas and Navayuga, a Special Purpose Vehicle was formed in 2020 to develop the port under the Landlord Model.
  • The project's first phase cost is ₹5,155 crore, with plans to expand to 16 berths, offering a capacity of 36 million tonnes per annum, benefitting both Andhra Pradesh and Telangana.

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