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.
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.
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