About 119 projects identified in Andhra Pradesh under Sagarmala
ECONOMY & POLICY

About 119 projects identified in Andhra Pradesh under Sagarmala

Nearly 119 projects of over Rs 1 lakh crore have been identified in Andhra Pradesh under the Sagarmala project.

Sagarmala Programme has partially funded nine projects worth Rs 1,124 crore. From these nine projects, four projects of Rs 694 crore have been completed, three of Rs 88 crore are under implementation, and two projects of Rs 342 crore are under development.

These projects will focus on infrastructures, including the Port Industrialisation, Port Modernisation, Port Connectivity Enhancement, Coastal Community Development and Coastal Shipping, and Inland Waterways.

The Central Ministries, Inland Waterways Authority of India (IWAI), Indian Railways, National Highways Authority of India (NHAI), State government and Major Ports implemented these projects.

The central government approved the development of A Major Port in Wadhavan on the landlord Port development model because of its growing requirement of import and export in the country.

Over 800 projects worth nearly Rs 5.54 lakh crore were identified for implementation from 2015 to 2035 under the Sagarmala project.

These projects include modernising the existing ports and terminals, new ports, terminals, roll-on or roll-off (RoRo) and tourism jetties, enhancing port connectivity, inland waterways, lighthouse tourism, industrialisation around the port, skill development, technology centres, among others.

The Central Line Ministries, State Maritime Boards, Major Ports, and Special Purpose Vehicle (SPV) through the private sector or Public-Private Partnership (PPP) have implemented these projects.

Image Source

Nearly 119 projects of over Rs 1 lakh crore have been identified in Andhra Pradesh under the Sagarmala project. Sagarmala Programme has partially funded nine projects worth Rs 1,124 crore. From these nine projects, four projects of Rs 694 crore have been completed, three of Rs 88 crore are under implementation, and two projects of Rs 342 crore are under development. These projects will focus on infrastructures, including the Port Industrialisation, Port Modernisation, Port Connectivity Enhancement, Coastal Community Development and Coastal Shipping, and Inland Waterways. The Central Ministries, Inland Waterways Authority of India (IWAI), Indian Railways, National Highways Authority of India (NHAI), State government and Major Ports implemented these projects. The central government approved the development of A Major Port in Wadhavan on the landlord Port development model because of its growing requirement of import and export in the country. Over 800 projects worth nearly Rs 5.54 lakh crore were identified for implementation from 2015 to 2035 under the Sagarmala project. These projects include modernising the existing ports and terminals, new ports, terminals, roll-on or roll-off (RoRo) and tourism jetties, enhancing port connectivity, inland waterways, lighthouse tourism, industrialisation around the port, skill development, technology centres, among others. The Central Line Ministries, State Maritime Boards, Major Ports, and Special Purpose Vehicle (SPV) through the private sector or Public-Private Partnership (PPP) have implemented these projects. Image Source

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement