Machilipatnam port to be revived after 200 years
PORTS & SHIPPING

Machilipatnam port to be revived after 200 years

The state government has set the stage for reviving the historic port in Machilipatnam. Chief Minister YS Jagan Mohan Reddy will lay the foundation stone for the new port on Monday.

This is the fourth port to be taken on by the state government in recent years. The state government has finalized the bids for the construction of the port after securing all clearances from the Centre.

The port is expected to transform the Krishna district into a developed district in the near future. The state government is undertaking the port at a cost of ₹5,156 crore.

"We have completed the land acquisition, tender process, secured permissions and resolved all legal disputes. Work will commence after the foundation stone is laid. This is going to be a red-letter day in the history of Machilipatnam," said former minister and local legislator Perni Venkatramaiah (Nani).

He said that the port would be a game-changer for the overall development of the region as well as the state. He said that the port would provide direct and indirect employment to about 25,000 people. He added that the Machilipatnam port would be instrumental in handling exports of fertilizers, coal, cooking oil, containers, agricultural products, cement, cement clinker, granite and iron ore coming from the districts of Guntur, Krishna, NTR, East and West Godavari of Andhra Pradesh and Khammam, Karimnagar, Adilabad, Nalgonda and Warangal districts of Telangana.

The port is expected to be completed in two years and will have a cargo handling capacity of 35 million tonnes per annum. It will be a deep-water port and will be able to handle large ships. The port is expected to boost trade and commerce in the region and create jobs. It is also expected to attract investment to the region.

Also Read
Government Considering Setting Up 8 New Cities Across India
SECL's Gevra mine to become Asia's largest coal producer

The state government has set the stage for reviving the historic port in Machilipatnam. Chief Minister YS Jagan Mohan Reddy will lay the foundation stone for the new port on Monday. This is the fourth port to be taken on by the state government in recent years. The state government has finalized the bids for the construction of the port after securing all clearances from the Centre. The port is expected to transform the Krishna district into a developed district in the near future. The state government is undertaking the port at a cost of ₹5,156 crore. We have completed the land acquisition, tender process, secured permissions and resolved all legal disputes. Work will commence after the foundation stone is laid. This is going to be a red-letter day in the history of Machilipatnam, said former minister and local legislator Perni Venkatramaiah (Nani). He said that the port would be a game-changer for the overall development of the region as well as the state. He said that the port would provide direct and indirect employment to about 25,000 people. He added that the Machilipatnam port would be instrumental in handling exports of fertilizers, coal, cooking oil, containers, agricultural products, cement, cement clinker, granite and iron ore coming from the districts of Guntur, Krishna, NTR, East and West Godavari of Andhra Pradesh and Khammam, Karimnagar, Adilabad, Nalgonda and Warangal districts of Telangana. The port is expected to be completed in two years and will have a cargo handling capacity of 35 million tonnes per annum. It will be a deep-water port and will be able to handle large ships. The port is expected to boost trade and commerce in the region and create jobs. It is also expected to attract investment to the region. Also Read Government Considering Setting Up 8 New Cities Across India SECL's Gevra mine to become Asia's largest coal producer

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