Adani Krishnapatnam Port Assures Continuity Amid TDP Protests

30 Jan 2024 CW Team

AKPL emphasized Krishnapatnam's significance as a crucial port in its operations, stating, "Krishnapatnam is an important port for us, and we are continuously focusing on building and strengthening its operations. The infrastructure like berths, yard, and equipment remains as it is. The terminal can handle any container vessel that calls upon Krishnapatnam Port."

As part of the Public-Private Partnership (PPP) model, AKPL highlighted its regular payment of revenue share to the government, noting that this revenue has been increasing in tandem with the growth in cargo volume each year. The Adani group further clarified its commitment to the development and growth of Andhra Pradesh, expressing unwavering support for the state's overall progress.

Despite the reassurance from AKPL, Somireddy Chandramohan Reddy, a prominent figure within the TDP, announced that an all-party delegation would soon visit the Krishnapatnam port to assess the ground realities concerning the continuation of container operations. The move indicates a continued scrutiny by the TDP on the developments at the port and a desire to verify the claims made by Adani Krishnapatnam Port regarding uninterrupted operations.

The situation remains tense as the port, a crucial economic lifeline for the region, becomes a focal point for both political and economic discussions. The outcome of the impending visit by the all-party delegation may shed light on the future course of action and the resolution of concerns surrounding the Krishnapatnam port.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In the wake of protests led by the Telugu Desam Party (TDP), spearheaded by former minister Somireddy Chandramohan Reddy, against the proposed suspension of container operations at the Krishnapatnam port, Adani Krishnapatnam Port Limited (AKPL) has issued a statement assuring that container operations at the port will continue without disruption. AKPL emphasized Krishnapatnam's significance as a crucial port in its operations, stating, Krishnapatnam is an important port for us, and we are continuously focusing on building and strengthening its operations. The infrastructure like berths, yard, and equipment remains as it is. The terminal can handle any container vessel that calls upon Krishnapatnam Port. As part of the Public-Private Partnership (PPP) model, AKPL highlighted its regular payment of revenue share to the government, noting that this revenue has been increasing in tandem with the growth in cargo volume each year. The Adani group further clarified its commitment to the development and growth of Andhra Pradesh, expressing unwavering support for the state's overall progress. Despite the reassurance from AKPL, Somireddy Chandramohan Reddy, a prominent figure within the TDP, announced that an all-party delegation would soon visit the Krishnapatnam port to assess the ground realities concerning the continuation of container operations. The move indicates a continued scrutiny by the TDP on the developments at the port and a desire to verify the claims made by Adani Krishnapatnam Port regarding uninterrupted operations. The situation remains tense as the port, a crucial economic lifeline for the region, becomes a focal point for both political and economic discussions. The outcome of the impending visit by the all-party delegation may shed light on the future course of action and the resolution of concerns surrounding the Krishnapatnam port.

Real Estate

14 Jul 2026

Paradigm Realty secures Rs 1 billion for Chembur project

Paradigm Realty Group has secured Rs 1 billion in funding from Arnya RealEstates Fund for its flagship residential project, 71 Midtown, in Chembur, Mumbai.The institutional investment will be used to support the completion of Phases 1 and 2 of the development, with the financing aligned to the project's construction and delivery schedule.Spread across approximately 4.5 acres, the gated residential community comprises one- and two-bedroom apartments. Located near Sindhi Society in Chembur, the project offers connectivity to the Bandra Kurla Complex (BKC) and is expected to benefit from infrastr..

Real Estate

14 Jul 2026

PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including M..

Products

14 Jul 2026

Shalimar Paints launches premium Xtra Tough Hi-Sheen

Shalimar Paints has expanded its premium product portfolio with the launch of Xtra Tough Hi-Sheen, a new exterior emulsion developed to provide enhanced weather protection and a high-sheen finish for residential buildings.The company said the product is designed to address growing consumer demand for exterior coatings that combine aesthetics with long-term durability. Suitable for both new construction and renovation projects, the emulsion is formulated to withstand varied climatic conditions, including heat, rain, humidity and pollution.Xtra Tough Hi-Sheen features a dust-repellent coating in..