Cabinet nod for draft concessional agreement for Port

Hyderabad, Apr 3 (UNI) The Andhra Pradesh Cabinet today approved draft concessional agreement to be entered with a consortium of companies led by Maytas Infrastructure Private Limited soon for development of a deep water port at Gilakaladinne near Machilipatnam.

After signing the concession agreement, the port would commence commercial operations within 36 months with four berths to handle 12