The Chief Minister of Andhra Pradesh is scheduled to lay the foundation stone for the Machilipatnam port project. The port will be developed under the landlord model and is estimated to require an investment of Rs 5,155.73 crore, with a completion period of 36 months. The Machilipatnam Port Development Corporation, which is the nodal body responsible for the port's development, has already identified 800 acres of land for the proposed port. The port is expected to have a capacity of 35 million tonnes in phase one, with four berths, including three general berths and one for coal. The contract for the project has been awarded to Megha Engineering and Infrastructure Limited (MEIL), and pre-construction activity is already underway.
Additionally, the state government is launching the Mulapeta Port under the landlord model on an area of 1,010 acres of land. The project will have a capacity of 25 million tonnes in phase one, with three general berths and one coal berth. The Vishwa Samudra ports have been awarded the contract for the project, and 2,000 acres of land have been earmarked for it. The projected traffic for the port is estimated to be worth 15 million tons by 2024-25.
Furthermore, the construction work on the Ramayapatnam port, costing Rs 3,736.14 crores, has begun. The project has been awarded to Navayuga Engineering Company and Aurobindo Reality and Infrastructure Private Limited. All the mandatory clearances for the project have already been obtained.
The Kakinada SEZ port, with a total project cost of Rs 2,123 crores, is currently under construction. The Concessionaire has recently achieved financial closure for the project, and development works have commenced.