Chief Minister Y.S. Jagan Mohan Reddy will inaugurate the Machilipatnam port construction works at Manginapudi in Krishna district on May 22 (Monday). It is one of the three non-major ports (Ramayapatnam in Nellore and Moolapeta in Srikakulam district are the other two), being developed by the AP Maritime Board (APMB) at an estimated cost of ₹11,465 crore (₹5,253 crore and ₹6,212 crore in the first and second phases respectively), on a total extent of 3,700 acres.
The project is being implemented by Machilipatnam Port Development Corporation Limited, a special purpose vehicle floated by the State government.
According to an official release, the Machilipatnam port is targeted to be built in two phases with a total cargo handling capacity of approximately 116 Million Tons Per Annum (MTPA). It will have four berths in the first phase handling 35 MTPA and 12 additional berths handling 81 MTPA in the next phase. These berths will cater to coal, general and container cargo.