The Andhra Pradesh Government on 7 April 2010 decided to replace Maytas Infra with Navayuga Engineering as lead promoter of the Machilipatnam port project in Andhra Pradesh.

The Maytas led consortium, which was originally granted the project, had Nagarjuna Construction Company (NCC), Srei Infrastructure Finance and Sarat Chatterjee & Company as consortium partners. But, the consortium was unable to execute the project due to internal and external factors.

With Srei Infrastructure Finance and Sarat Chatterjee & Company exiting the consortium the port will be developed by Navayuga and NCC.

The Machilipatnam project has been designed to come up in about 6,200 acre with an outlay of Rs 1,600 crore for the Phase I. The port is likely to have 12 berths with a total cargo handling capacity of 35 million tpa. However, in the Phase I, it will have three berths with a cargo handling capacity of about 15 million tpa.

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