BS Reporter, Hyderabad April 23, 2008
A Dream come True! A Small Step for India, but a GAINT Leap for Machilipatnam and Vijayawada People.
Andhra Pradesh chief minister, Y S Rajasekhara Reddy, would lay the foundation stone for the proposed Rs 1,590-crore Machilipatnam deep water port on Wednesday.
Maytas Infra-led consortium consisting of Nagarjuna Construction Company (NCC), Sarat Chatterjee & Company (VSP) Private Ltd and SREI Infrastructure Finance Limited is developing the port that is expected to be operational within a period of two years. Located on the banks of Goguleru creek, about 30 km north of Machilipatnam, the port will have 12 berths initially.
April 23, 2008
Posted by Krishna at 3:35 AM