VIJAYWADA : Navayuga Engineering Company Limited (NECL) the flagship entity of the INR 250 Billion Navayuga Group and a dominant player in the engineering and core infrastructure space has announced that it has formally begun the development of Machilipatnam Port, one of the most long-awaited deep sea ports on the East Coast of the Country.

Hon. Chief Minister Shri N Chandrababu Naidu laid the foundation stone for the green-field, all-weather Multi-Purpose Port. Machilipatnam is one of the mega ports and an ambitious project planned under the Sagarmala program. Spread across 4800 acres, the first phase is expected to be complete and operational in record time of 18 months. With four berths to be operational after the first phase of construction, Machilipatnam will have 40 million tonnes in the 1st phase when complete 150 million tonnes. The port will handle multiple cargo’s like container, bulk, dry bulk, liquid bulk, general cargo and project cargo.

On the occasion, Mr Chinta Sridhar, Managing Director, Navayuga Engineering Company Limited said, “Having successfully undertaken several port development projects, we are poised to achieve the distinction of being the largest developer and operator of ports in India. We aim to develop the port in a record time of 18 months. Given Machilipatnam’s access to prominent international waterways, the project will be a significant catalyst in positioning India strategically as a global international trading hub. The port will herald a new era of economic activity and dramatically transform the lifestyle of the localities by generating umpteen business and employment opportunities.”

Strategically located, Machilipatnam will be the gateway for most international trading activities of central India. It will not only cater to Andhra Pradesh and Telengana but also extend the logistics benefits to Madhya Pradesh, Maharashtra, Chattisgarh and Karnataka.

Besides the strategic location the advantage of an extensive back up area for container stacking will make Machilipatnam one of the most preferred Container Ports on the East coast of India.