Andhra Pradesh: Ramayapatnam Port Phase I To Be Completed By 2023

The Ramayapatnam Port Trust's first phase is expected to be finished by 2023, according to the government of Andhra Pradesh.

The Ramayapatnam port is planned to be built in two phases. The first phase is estimated to cost Rs 3,736 crore.

It is proposed to have four berths, including one coal berth, two container berths and one multipurpose berth with a cargo handling capacity of 25 million tonnes.

The cargo handling capacity will be increased by 113.63 million tonnes in phase 2 with an investment of Rs 6,904 crore, bringing the total capacity to 138.54 million tonnes a year from 19 berths.

In its last year of development, the port is expected to handle 138 million tonnes of cargo, up from its initial capacity of around 25 million tonnes per year.

Nellore District Collector K V N Chakradhar Babu has committed to provide full support to the project displaced families (PDFs) who gave up their land for the port's construction, reports Economic Times.

The state government is ready to open the port for commerce in a year, according to Babu.

Andhra Pradesh Maritime Board expects to welcome the first ship in early 2024.

The AP government is building Ramayapatnam port on engineering, procurement and construction (EPC) model. The estimated Rs 3,560 crore project cost includes a debt-to-equity ratio of 58:42 and an impressive internal rate of return of 18.99 per cent.

The building of four docks, including one for coal handling and a multipurpose berth, will be carried out in stages once the breakwaters are finished in two to three months.

The breakwaters and other civil works are currently being built by the Ramayapatnam Port Development Corporation Limited (RPDCL), a joint venture of Navayuga Engineering Company Limited (NECL) and Aurobindo Realty and Infrastructure Private Limited (AR & IPL).

A lighthouse and other navigational aids, such as leading lights, will be installed in due course.

The project management expert AECOM India reviewed the DPR after RITES Limited had created it.

While the designs were for 15 berths in the long run, where larger carriers like cape-size and Panamax boats can enter, the port can accept ships weighing up to 80,000 DWT in Phase-I.

The port will serve its main hinterland, which includes the Andhra Pradesh districts of Nellore, Prakasam, Guntur and Kurnool as well as Telangana's Nalgonda, Mahabubnagar, Rangareddy and Hyderabad.

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy performed the bhoomi pooja of the Greenfield Ramayapatnam Port construction project on 20 July.