This would be the third port in Kakinada district, with a proposed cargo dealing with capability of 16 million tonnes of cargo
This would be the third port in Kakinada district, with a proposed cargo dealing with capability of 16 million tonnes of cargo
Aurobindo Realty and Infrastructure Personal Restricted (ARIPL) has intensified development exercise of the ₹3,000-crore greenfield seaport with a deliberate cargo dealing with capability of 16 million tonnes at Kona village within the Kakinada Particular Financial Zone (KSEZ) in Andhra Pradesh.
That is the third seaport in Kakinada district, which is being constructed on a 1,725-acre space together with sea-accredited land. The port is roughly 25 km north-east to the present deep sea port close to Kumbhabhishekam mudflat. The State-run anchorage port is devoted just for rice exports.
“Building exercise of the greenfield seaport commenced two and a half months in the past at Kona. The breakwater exercise is in full swing. The breakwater part is a prolonged work focused to be accomplished inside 20 months,” mentioned Nagarjuna Tadury, senior vice-president, Aurobindo Realty and Infra Personal Restricted.
Deadline
“Dredging exercise will start by subsequent March. Varied different parts together with highway and rail community would even be readied,” Mr. Nagarjuna advised The Hindu.
The development of the three berths is anticipated to be accomplished inside 24 months as per the motion plan of the venture. “We’re aiming to finish the development of the three berths inside 24 months to fee the primary part to start the cargo dealing with,” added Mr. Nagarjuna.
Exercise picks up
The greenfield seaport will deal with varied sorts of cargo, corresponding to coal, granite, fertilizers and uncooked materials used to fabricate fertilizers. “Within the first part, the annual dealing with capability is 16 million tonnes of cargo corresponding to timber and metal manufacturing. Nevertheless, granite and fertilizers are the common cargos to be shipped from the Kakinada coast,” mentioned Mr. Nagarjuna.
The Aurobindo Group had not too long ago acquired the Kakinada SEZ from the GMR Group. After a lull of some years, the exercise on KSEZ is now again on observe with the proposed institution of the greenfield seaport, Indian Institute of Overseas Commerce (IIFT) and a bulk drug park.
In September, the Division of Prescribed drugs in precept provided ₹1,000 crore support for a bulk drug park which was proposed to be established on the KSEZ. The State authorities was requested to submit a Detailed Challenge Report back to the Centre by the top of this yr for the institution of the drug park.
