Projects worth Rs 8,400 cr in AP under Sagarmala: Nitin Gadkari

Union Transport Minister Nitin Gadkari today said that projects worth Rs 8,400 crore have been sanctioned in Andhra Pradesh under the NDA Government's ambitious Sagarmala' initiative.

The Sagarmala project aims at "port-led development" in the country, he said, speaking to reporters here after inauguration of various works undertaken by the Visakhapatnam Port Trust. Under this initiative, projects worth Rs 8,400 crore are sanctioned to Andhra Pradesh, which include LNG terminal at Kakinada at the cost of Rs 3,000 crore, Coastal Food Export berth there at the cost of Rs 150 crore, additional oil jetty at Visakhapatnam port at the cost of Rs 100 crore and the new port development at Vadarevu and Machilipatnam, he said. 

Earlier he inaugurated Container Freight Station developed by the Visakha Container Terminal Private Limited at the cost of Rs 104 crore near Muralinagar in the city and a 10 MW solar power plant set up by Visakhapatnam Port Trust at the cost of Rs 57.5 crore.

SOURCE: ECONOMIC TIMES