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Land acquisition cleared for Dugarajapatnam port project

Land acquisition cleared for Dugarajapatnam port project

The Nellore district administration has cleared the decks for land acquisition to set up the Dugarajapatnam port. However, the location of the port has been changed to Tupilipalem to overcome objections with regard to environmental and forest clearances. The new port would still be called as Dugarajapatnam port.

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JSPL acquires Kineta Power

JSPL acquires Kineta Power

Jindal Steel and Power (JSPL) has acquired 100 per cent stake in Kineta Power, a 1,980 MW privately-owned coal-based power plant in Nellore district of Andhra Pradesh. The deal would be executed in phases and the project cost would be around Rs 10,000 crore. JSPL has plans to run the plant on imported coal from its mines in Indonesia and would blend it with the thermal coal produced at its mines in Mozambique.

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AP govt to convince Krishnapatnam port for new port project

AP govt to convince Krishnapatnam port for new port project

Andhra Pradesh government said it would take efforts to convince Krishnapatnam port to allow the state to construct a port at Ramayapatnam, which is less than 100 km from Krishnapatnam. The Krishnapatnam port, located in Nellore district, raised objections over the proposed port in Ramayapatnam on the ground that it would fall within the exclusive zone of 100