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    Home»Business

    Andhra Pradesh sanctions over ₹500 crore to amass 2,000 acres of land for port, ship constructing cluster – CNBC TV18 – Company Technique & Outlook

    Admin - Shubham SagarBy Admin - Shubham SagarFebruary 5, 2026Updated:February 5, 2026 Business No Comments2 Mins Read
    Andhra Pradesh sanctions over ₹500 crore to amass 2,000 acres of land for port, ship constructing cluster – CNBC TV18 – Company Technique & Outlook
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    The Andhra Pradesh authorities has sanctioned over ₹500 crore to amass greater than 2,000 acres of land for the event of Dugarajapatnam Inexperienced Discipline Port & Shipbuilding Cluster, mentioned an official.

    The port and the shipbuilding cluster require 2,171 acres of land, which have been recognized in Vakadu mandal of Tirupati district and Kota mandal in Nellore district.


    “Authorities after cautious examination of the matter, hereby accords administrative sanction for Rs 544.3 crore… to amass 2,170.7 acres to the chief govt officer, Andhra Pradesh Maritime Board (APMB) for (the) improvement of the Dugarajapatnam Inexperienced Discipline Port & Shipbuilding Cluster,” MT Krishna Babu, particular chief secretary, Infrastructure & Funding (Ports) Division, mentioned in a current authorities order (GO).

    Out of the two,171 acres of land, 1,932 acres fall underneath the patta land class and habitation, and 239 acres are authorities land.

    Learn Additionally: Air India Categorical posts first working revenue since privatisation, rises to second amongst home airways

    In Tirupati district, 251 acres have been recognized for acquisition in Pathetipalem village, adopted by Vagarru (530 acres), Valamedu (724 acres) and Pamanji (489 acres), totalling 1,995 acres. Likewise, 176 acres have been recognized in Nellore’s Kota mandal — 46 acres in Kothapatnam village and 129 acres in Puchalapalli.

    In keeping with the GO, the APMB chief govt said that RITES has ready the technical feasibility report, requiring 2,171 acres of land for the undertaking.

    The entire tentative land price estimated for the acquisition of two,170.7 acres in each the districts is Rs 544.3 crore, mentioned Babu, including that APMB would mobilise funds to fulfill the land acquisition price.

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