HomeIn The FrameKakinada Gateway Port to be operational by July 2026

Kakinada Gateway Port to be operational by July 2026

Published on

AP’s minister for Roads & Buildings and Infrastructure & Investments, Mr B.C. Janardhan Reddy recently visited the Kakinada Gateway Port (KGPL) being developed by the Auro Infra Group.

During his visit, the Minister reviewed the progress of the port development works and stated that the construction of the port is progressing steadily and is expected to be completed and made operational by July 2026.

The Minister held a review meeting with senior officials and instructed them to expedite the resolution of land acquisition and other pending issues to avoid any delays. He also addressed the media, reiterating the government’s commitment to infrastructure development in the state.

KGPL is being developed at an estimated cost of INR 2,621 crore and once operational will have an initial handling capacity of 16 million tonnes per annum (MTPA) and will include three berthsone for coal and two multipurpose berths.

The ownership structure of the Kakinada Gateway Port Limited (KGPL) includes Auro Infra holding a 74% stake and GMR Group holding 26%.

The Government of Andhra Pradesh will receive a 2.7% revenue share from the port’s operations.

The visit was attended by several dignitaries, including Maritime Board CEO Mr Praveen Adhithya, Port Officer Mr Dharma Sastha, MLAs Mr Nimmakayala ChinarajappaMr Dagumati Venkata Krishna Reddy, and Mr Vanamadi Venkateswara Rao, MLC Mr Karri Padma Sree along with  Mr G V Raghava RaoR&B SE Mr G. Kanthu, Maritime Board Chairman Mr Damacharla Satyanarayana (Satya), and Mr Jyothula Naveen Kumar.

spot_img

Latest articles

LG Electronics starts work on USD 600 million Sri City unit

South Korean multinational LG Electronics along with its senior leadership today performed the ground...

VPA urged to explore opportunities in Shipbuilding, repair & recycling

India’s Minister of State for Ports, Shipping and Waterways, Government of India, Mr Shantanu Thakur today...

GoAP gives a mega boost to skilling, inks 2 key MoUs

In a move that could well provide a much needed impetus to technology skills...

AP to take the lead in Quantum Computing, inks MoUs with IBM, TCS, L&T

In a step toward accelerating India’s technological advancements, the Government of Andhra Pradesh has...