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Machilipatnam port project takes off

Machilipatnam port project takes off
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Mired over land issue for the last two years, the Machilipatnam port project is finally set to take off with the Andhra Pradesh government making an in-principle decision to lease out 4,800 acres to port operators, the Navayuga group.

The government arrived at the decision after the Indian Port Association (IPA), a Central government agency, vetted the Detailed Project Report (DPR) submitted by the port operator and recommended the required land based on traffic projections made up to 2041.This is the first time the Infrastructure and Investment Department has taken up assessment of land requirement through a technical and authentic agency.

According to sources, the IPA had cut short the projected maximum traffic to 160 million tonne per annum from the 270 metric tonne, as proposed by the port operator.Accordingly, the land requirement was brought down from 6,262 acres to 4,800 acres. Of this, 300 acres has already been handed over to the operator.

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