YS Jagan Cancels Agreement Of Machilipatnam Port Construction

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After cancelling the contract of Polavaram Project with the Navayuga Engineering Company Limited (NECL,) the Andhra Pradesh (AP) Government cancelled the agreement for the construction of Machilipatnam Port.

The Yuvajana Sramika Rythu Congress Party (YSRCP,) the ruling Government of AP, on the 8th of August, cancelled the contract with Machilipatnam Port Private Limited (MPPL.)

The Industry, Infrastructure, Investment and Commerce Department of AP issued an order, which said the State Government reserves the liberty to claim compensation for the damages from Machilipatnam Port Private Limited (MPPL.)  The area where the Port was expected to be constructed covers 412 acres and the lease of the land is with the State Government.

Chandrababu Naidu, the President of the Telugu Desam Party (TDP,) laid the foundation of the Machilipatnam Port in February 2019.  He also signed an agreement with MPPL to construct the port on the given land, under Rs. 12,000 crores.

The deal was done when N. Chandrababu Naidu was the Chief Minister of Andhra Pradesh.

The move of the YSRCP Government came after the TDP alleged the YSRCP is giving the Machilipatnam Port as a gift to the Telangana Rashtra Samithi (TRS) led Government of Telangana.  However, the Y.S. Jagan Mohan Reddy led YSRCP denied the allegations and cancelled the construction of the Port.

The Machilipatnam Port is said to be another major construction in Andhra Pradesh, after the Polavaram Project.

Stay tuned for further updates.


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