MACHILIPATNAM PORT M/s. Machilipatnam Port Limited (MPL), Hyderabad, consortium of M/s. Navayuga Engineering Company Ltd., and Nagarjuna Construction Company Limited and Associates/ Affiliates of Navayuga Engineering CompanyLtd., was awarded the development of Machilipatnam Port on BOOT (Build, Operate, Own and Transfer) basis for a period of 30 years (extendable by 10 years + 10 years). The concession agreement is signed on 07-06-2010. This port is well connected by road and rail. Airport is available at Gannavaram, which is about 60 km from Machilipatnam and 20 km from Vijayawada. DEVELOPMENT POTENTIAL: - Hinterland includes Krishna, West Godavari, Khammam, Nalgonda, Hyderabad and other Telangana Districts.
- Port has a good potential for handling coal requirements of Vijayawada Thermal Power Plant 10 mtspa and also requirements of other Cement Plants spread over in the Krishna belt.
- Iron ore at Bayyavaram and Baryte deposits in Khammam District can find way through the Machilipatnam Port.
- There is a proposal to develop a mega thermal Power Plant near Machilipatnam during 11th Five Year Plan.
- Major agricultural products are paddy, sugarcane, pulses, tobacco, chillies and fruits.
- The mineral resources include limestone (cement and flux grade), barites, chromate and granite.
- Major industries in Hyderabad can import necessary raw materials through the Machilipatnam Port which is the closest port to Hyderabad.
PRESENT STAGE OF THE PROJECT: - About Rs.1860 Crores investment is estimated for the development of the Port with 3 berths, breakwaters, navigational channels, floating crafts, mechanical equipments etc., in the phase-I.
- Land Acquisition works are in progress.
- Proposed to construct of 2 Nos. General cargo berth and 1 OSV Berths.
- Total investment of the Project is Rs. 1860 Crores.
- Proposed Depth of the Channel : 12.80 Mt.
- Proposed ship handled capacity is 65000 DWT in Phase I
- Anticipated handling capacity is 17 Million Ton.
- Port is expected to be in operation by 2014.
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