Financial closure of Machilipatnam, Ramayapatnam ports by June next

Make a beginning with Masula, Chief Minister tells officials

December 18, 2019 09:32 pm | Updated December 19, 2019 08:11 am IST - VIJAYAWADA

Chief Minister Y. S. Jagan Mohan Reddy at a review meeting on ports and industries on Wednesday.

Chief Minister Y. S. Jagan Mohan Reddy at a review meeting on ports and industries on Wednesday.

The financial closure for Machilipatnam and Ramayapatnam ports will be completed by June next.

The foundation stone for these ports will be laid in May/June. The government plans to take up construction of Machiliatnam, Bhavanapadu, and Ramayapatnam ports in Phase1.

Chief Minister Y. S. Jagan Mohan Reddy, at a review meeting on ports and industries on Wednesday, stressed the need to construct the Machilipatnam port at the earliest for which land was available. The land required for other ports could be acquired.

As per the AP Reorganisation Act, the Central government has to support the State in construction of a port.

Mr. Jagan asked officials to take necessary steps and see that the Centre releases funds. Action plans for Duggarajupatnam, Ramayapatnam, Machilipatnam, Nakkapalli, Kalingapatnam, and Bhavanapadu ports should be drawn up accordingly, he said.

Power sector reforms

Referring to power sector reforms, the CM said about ₹10,000 crore was being paid to Transco every year towards subsidy. Instead of paying the amount, the government can supply 12,000 MW solar power to the Transco. To go ahead with that plan, the government has to spend about ₹35,000 crore to ₹37,000 crore.

In a way, the government would be supplying power which is equal to three to four years’ subsidy. The officials could draw up plans in that direction, he said.

The Chief Minister said Navaratnas and Naadu-Nedu top the list of the government’s priorities. Building 6 lakh houses every year, widening of canals that supply water to Rayalaseema projects and drinking water to every district through the water grid were the other thrust areas, he said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.