A road tunnel of 1.6 km length is to be built under the Simhachalam hills in coastal Andhra Pradesh at a cost of Rs 200 crore under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) Plus scheme. The tunnel would reduce traffic on NH-16 and cut a 10 km distance to 5 km from the existing 15 km between Visakhapatnam and Simhachalam temple. Varaha Lakshminarasimha Swamy is the presiding deity of the famous temple.
Tag: coastal Andhra Pradesh
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Anti-bifurcation stir hits fertiliser movement at AP ports
In Andhra Pradesh the ongoing anti-bifurcation agitation in the coastal Andhra Pradesh is causing huge loss to ports in the state. Fertiliser handlers at seaports, particularly in Visakhapatnam port, are incurring huge demurrage (a charge payable to the owner of a chartered ship in respect of failure to load or discharge the ship within the time agreed.) losses over the last three weeks due to the agitations.
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Central Bank of India to add 23 branches in coastal AP
During the current financial year, the Central Bank of India is to add 23 more branches in the coastal Andhra Pradesh, said Balakrishnan, the bank Field General Manager in charge of Karnataka and Andhra Pradesh. He added that the bank was competing with the new generation private banks in providing services to customers. Balakrishnan said this in Visakhapatnam on August 7 after opening the bankĂâs 75th retail asset branch in the country.